I want to visit that area, Clermont, Mt Dora and invest in a couple of rentals in an up and coming area.

Hence i was not feeling much comfortable and i visited my house when new tenant moved in.I noticed my personal things are missing.

Similarly, when we have bought stocks or invested in mutual funds I have never visited company headquarters or sat down with the CEO's of the companies I am investing in, it is all about returns and track record.

@Joseph Mceneaney, Orlando is the single most visited tourist destination in the entire United States with 68 million visitors in 2016 alone.

After visiting the property and talking with two of the tenants I would probably classify the property as being "C" or just very low income area.

I would send them notice of three violations. 1) lease says no pets...get rid of the cat before it destroys the property.2) stop smoking on the property or face eviction, offer to release any smokers from the lease.3) cure the insect infestation immediately.Inform them you will me making regular inspection visits and expect the issue to be resolved.Your other option, if you have no desire to inforce your lease is to tear it up and write a new one that you do intend to inforce.

So you going to want to put the time in calling and visiting the community banks in your area, but I have them in my area that will give terms close to Fannie Freddie on 5 or 7 year balloons or calls so they can adjust the rates at that time.

I am going to visit the property shortly and try to get all expenses such as utilities, lawn/snow removal, pest control, advertising, heat, etc, and also find out actual property tax and insurance numbers (got the above numbers off the internet).

The last visit I made, there was a large rag in the toilet.

I have visited there 4-5 times in the last year and a half.