Put some unexpected repairs into your budget and get as much information from the existing tenants and the home inspector.

My job was to bring in new business which meant existing customers seeking to refinance their mortgage loan would not count towards my target numbers.

I don't see the point of this when REITs exist.

@Hugo Jimenez this is definitely not something that comes up very regularly; however, it is specifically addressed by Florida State Statute 83.59(3d) as indicated below:F.S.S - 83.59 Right of action for possession- (3) The landlord shall not recover possession of a dwelling unit except:(d) When the last remaining tenant of a dwelling unit is deceased, personal property remains on the premises, rent is unpaid, at least 60 days have elapsed following the date of death, and the landlord has not been notified in writing of the existence of a probate estate or of the name and address of a personal representative.

Since you already own rental property, you can generally expense items like this against your existing property.

Entitlement blinds us to the real hardship that exists in the world.

So, if your main goal is to save up for another investment, I would keep the cash and maintain the leverage on your existing rentals.The only tax consequence that comes to mind would be if you cared about deducting less interest payments since you would be having less.. 

Hi BP, I just bought my first STR with two of my close friends/partners and I wanted to put a partnership agreement together to protect us in the case of someone wanting to exist or if an unforeseen event comes up.

That being said, maybe you should opt for month-to-month leases with the existing tenants and create a schedule of increases over the next 6 months. 

Most inexpensive installs do a pocket install where the window is set in the existing opening and fastened through the sides into your house framing...the only way to replace windows in brick or stone...then foam and caulk.