Which is exactly why I haven't bought anything here in South Florida so far and am looking long distance, even if I have to pay a prop manager and stay on top of them constantly.Also it would be great to buy a property with 100% financing and the more under ARV one buy's it for the more likely one is to get 100% financing.

You can do a forum search (up at the top of the page) for assignments, double closings, and/or wholesaling to find some good information about what you're looking to do.

From my understanding I can go directly over this with a latex modified mortar and set the tile right on top...The floor is sound and level.

start with an associate broker who's a TOP PRO.

It is actually a feature in top property management software.

Some pointers for you: The "Learn" link across the top navigation bar has lots of great info, and so do BP members!

Check out the Start Here page http://www.biggerpockets.com/starthere Check out BiggerPockets Ultimate Beginner's Guide - A fantastic free book that walks through many of the key topics of real estate investing.

You stated that the leaking isn't coming from the top.

A few tips..You'll find lots of good info in the "Learn" link across the top navigation bar, and in the link at the top of the introduction forum.

It makes it look as if it's done in purpose and gives a little foyer space to take off your shoes.If a wall has been taken down between rooms and the flooring has a gap right along that former wall, I do the same as above: Fill it in with marble tiles.If I have a very small bathroom where I need to redo the floor with tiles - I build a small false wall in front of the bathtub: furred out with 2"x4" sideways and plywood on top.