Just looking for ideas on this, as I already provide the stove and dishwasher, but I think they are pretty reliable compared to a refrigerator , washer& Dryer.Just looking for some ideas here maybe I didn't think of.Thanks,Larry

FL property taxes definitely take a bite out of an out of state investor, but there seems to be quite a few properties where the numbers would work.As an out of stater, the challenge is finding properties that don't need a lot of work and/or finding reliable folks to help doing some rehab. 

Welcome @Jamie Garcia good to see another local LA investor discovering BP.One of the biggest complaints members have here is finding reliable contractors.

One more question though: When it comes time to pull the trigger on a location, should I look for newly renovated/empty locations and look for tenants at market price, or should I look for places that already have tenants that are reliable but are rent controlled?

I'm new in the business and I would like to get some advise on how to begin building a strong and reliable buyers list.

I'm looking for reliable folks in the area.Many thanks,

If you do a M2M lease and you don't like what you see, you can be free of the problem in as little as 30 days.I do agree it's a useful tool to catch little problems before they turn into big ones - maintenance, reliability, safety, etc.

@Ben Leybovich Wait, so, Vinny The Knee Surgeon isn't a reputable lender?

Hello Fellow Members.It is crucial to find a hard money lender that will be prompt, reliable and get an answer for you within 1-2 days.

You can only use a cap rate if you have reliable cap rate comps.