Lets just say they charged for their time, to reach $40K (even at the insane hourly rate Will Barnard pointed out, that is 281 hours, or 35 full work days.

This I get from 20% down at 5%, which ends up being $12,454 per year.This doesn’t calculate the cleaning fees associated with each stay, which is in the $100 range here on Maui, so keep that in mind.But the fee charged I would assume cover itself depending on the unit.Also, if you did a vacation rental by owner online, most companies are around the 3% of gross, or $400 per year that you would also have to deduct from profits.

I am not saying it will not happen but I think it is unlikely that you will find a lender here on BP that meets your situation, and even if you did I would bet they would charge interest rates you would not want to pay.

I found most agents in SW FL want to charge one month.

BECAUSE it was originally under your name/LLC the utility will not charge you a deposit again when they leave.

I also upgraded the windows to energy efficient windows and had to find a new window supplier after mine unexpectedly closed up shop a couple weeks before the job.

Before purchasing an income property, pay careful attention to the financial statements and remember to factor in a property manager which will charge between 8 - 10%.If you are close to retirement, I may consider investing in a duplex where you can move to when you are ready.

It will require new kit cab refacing/carpet in 2 and paint in all 4 (I am handy so I would do these myself to save on unexpected expenses I might have for a first time buy.)

My question is: is it legal to charge me 2 months additional rent if the unit is re-rented within 2 weeks of me leaving?

Then explain that you will not charge a security deposit but you will still issue a bill to her with charges if any apply and if it is not paid you can and will take legal action.