Anyone else being targeted by the Pinellas County tax office over this 6% tourist development tax which is on top of the 7% sales tax?

If you're looking for rehab targets, the character of places like Prosper and Anna is changing rapidly and there might be opportunity.I would take anything I say about investing with a grain of salt, but I'm happy to answer any questions about the area or what I see.

Easier to get in, bigger cash flow numbers, lower taxes, but there is less expectation for appreciation and Newark is more of a B-C area than PA which is an A area in my opinion.

It might be easier to explain by just giving an example.

The better the deal is, the easier it will be to get a loan.  

As far as which tenants to target, that would be up to the individual investors goals and risk tolerance.

This is a lot more easier than in an IRA and you get to use the cash flow now while still paying no tax.

so this means the appraisal for the refinance part of the brrrr may come in too low if i move forward with this plan.of course on the other hand the tiny bedroom is wasted space that nobody will occupy. prospective tenants who need 3 bedrooms will not apply and my time showing this unit to them will be a waste. i do plan to hold this house for at least 10 years. so i am leaning toward doing this in an effort to make it easier to rent and keep tenants.

Consider working with a list broker to get a targeted mailing list for the area. 

It gets easier.