The bad news is that you're paying for your tenants to enjoy a heated pool.

I would move in the smaller unit that is being rented month to month, so this leaves me with $1,500 in rental incomeExpenses: I used 5% Vacancy since I would be living in a unit, I figured it was less likely of vacancy, 8% R&M, 8% CapexCap Rate: I estimate around 8%, it's about two blocks from the waterfront in an area that is improvingRecent work on house: MLS says "recent work gas heating unit and windows siding and roof"Based on the BP rental calculator my monthly cash flow while living in the unit will be ($558), after 1 year and I can move out cash flow looks like $310 for the two units. 

Insurance paid for a new roof after a hail storm, new AC unit and heat pump. pulled up carpet and refinished hardwood. paint and miner fixes.

@Nova MendozaI would recommend Tom Corcoran at Edge Heating and Air. 

When we originally entered this home my GF walked through the kitchen, with walls covered in spattered food (he heated cans of food on the stove) & threw up in the back yard.

I am looking to purchase a place in North Miami.

My land tripled and I did the build out and plumbing and heating.

I don't have enough equity in the home to fix the central heat and air and did window units instead.

Hi everyone, I would like to have some advice, I'm 21 years old, I live in Miami, I read almost 15 books of real estate investing, but I have never been able to start investing because I have only 10k available, I was thinking to start with a partnership, to share the risk, make it more affordable, and even learn more from others at the same time. if you agree, what kind of partnership would you advise to me, and if you don't what would you do in my case? 

That property didnt require any work but I did remodel 1 bathroom and added forced air heating.