@Tyler Maragh Would a vacation home in Davenport attract tourists visiting Orlando and Disney or is it too far?

Could the house be acquired for less, that would not only improve the return on cash, but also build equity into the deal.In addition to the cash on cash return (and we could possibly nudge the rent up a bit to make it more attractive), there are definitely other ways we can increase the upside for our investor as I expect my financial position to improve drastically over the next 6-24 months.  

I thought of getting a CCIM designation but what stopped me is that I would need 20 deals or so in Commercial to become  CCIM certfied ( at least that is what I read 1 year ago ) -     Anyway I will keep on investigating on search for commercial properties.   

Lowering the property's value and the quality of tenants you can attract.

(I'm sure someone will chime in with "you're asking for your home to be ruined" but I lived with 5 SDSU football players and not a thing went south).5) If students DID cause damage, security deposit will cover just about everything. 6) Usually, Financial aid or parents pay for rent, which means you don't have to be worried about not getting your monthly paycheck ;). 7) Lastly, I plan to fix it up in those 2-3 years that will attract the slightly more responsible tenant. 

Are you in a location that will attract another good renter easily or will you face a long vacancy if the current renters move out?

Also, I think the most attractive part to this deal is that the rents are severely under market value and with a profit maximization strategy put in place to market value would increase the net income to about 40-45k/year.

5) Did you have to do a design review on this project? 

We buy and dozens to hundreds of properties per month and have done so since the late ‘90s.Around 2005 I had a SQL relational database custom designed by some bright local guys to the tune of about $300K to ease the processing pain my staff was experiencing.

If the house and neighborhood passes those tests, I know it will attract good tenants.