@Aaron CooperHere you go sir:Florida law defines a vacation rental as any unit or group of units in a condominium or cooperative or any individually or collectively owned single-family, two-family, three-family or four-family house or dwelling within a single complex of buildings which is “transient accommodations” which means “rented to guests more than three times in a calendar year for periods of less than 30 days or 1 calendar month, whichever is less, or which is advertised or held out to the public as a place regularly rented to guests.”Keep in mind that tax rates may vary from each municipality. 

As a General Rule, my Desired Profit is $20,000 or 20% of ARV whichever is greater.

. $1,000 or 10%, whichever is less is the law here in California and I don't see why any contractor needs any more than that to start a small residential job.

You can most definitely buy real estate with funds from your solo 401K (I just closed on a 4plex last week) and take loans from your solo 401K (up to 50% or 50k, whichever is less).

Make sure all contractors that you work with have reliable vehicles and cell phones. 

It's an app you can find on Google Play app store for Android phones (I'm sure it's available on the Apple app store, too) that basically adds a second phone number to your existing cell phone that you can text, talk, and set up a seperate voicemail from.

If I worked over my cell phone plan and killed my cable bill, my expenses would drop another $300(yes I'm overpaying on both).  

HI Stephanie,I think you may have mixed a bunch of guidelines together so I will keep them separate:- rate/term refinance as opposed to a cash out refinance is designed only to payoff the current outstanding lien the borrower will get nothing over $2,000 or 2% of the loan amount whichever is less.

Think cell phone and cable.  

Coffee / drinks / dinner which ever works.