With that said, Disney just transferred 2000 jobs to Lake Nona area from California, which already has incredible demand for housing, so that would be a great option, Short term rentals near the theme parks perform amazingly if done properly and can generate tens of thousands a month in income.

If someone is going to spend that much on rent, they can get a nice rental house in Huntsville or Madison proper instead of all the way out in Toney. 

I still am pushing for it because at the end of the day, getting that tenant out will bring more income with the next tenant and I will be able to do a proper screening.

But I would strongly suggest you stay away from Gary "proper" for any kind of rentals.

With a rehab and proper tenant placement and spreading the word that it’s under new management I think it has the potential to be a money maker.

This is my first post, as a young and new REI I am currently looking for some proper guidance into finding a CPA that has REI experience and can help make sure my LLC is as bulletproof as possible in creation.

SO I have a rather interest question I think... Cash Flow = income - expenses, and we know you must break down the expenses further, ie. mortgage, insurance, taxes etc. I'm curious however about the budgeted expenses ...

Any strategies/suggestions on how to properly use my profits from this first property and secure financing to build or buy more properties?

Criminal backgraound can be really tricky with today's Fair Housing laws but the past landlord verification and emplyment verification was apparently not properly done.

(You’re giving them $800/mo now and trying to reduce it to $650/mo)The PM will ensure proper notices are given and no housing violations occur.