Don't assume house prices will rise...I've been investing for almost 20 years now and have seen long stretches of flat or even declining prices, both with house values and rents.

If on paper it's a, say 10 cap, and it has 10yr+ old flat roof, 10yr+ laundry machines, no updates since 90's/80's, worn carpets, old boilers, aged entry systems.... your NOT buying a deal, your buying a maintenance time-bomb!

Traditional insurance coverage, RV’snormally stay a flat rate throughout the year, thus you will stillneed to maintain full coverage.

Looking to pay a flat fee  and not from someone who wants to sell me insurance, much like paying a financial advisor to review verses buying the products he/she recommends. 

Is there a flat roof7. are there asbestos shingles or sidingThe Year that the following were updated (either partially or fully) would be good to know:- Heating systems- Roof- Plumbing- electricalSome companies will not write properties with systems that have not been updated.As long as you are living there, the proper policy for a 1-4 family is a "Homeowners" policy.

When speaking to other people in my area who flip with investors they suggest two things-1- Investor pays all costs and splits profit 50/502- Investor only pays a percentage of total cost including renovations and see a flat rate return on their money once sold (10-20%)My question is what do you think works best?

For example $30/month profit on flat-rate utility.

Do you have any NOTES in FL at the moment.

Generally, a flat level lot with little to no trees is the lowest development cost. 

Then the bottom fell out and it lost 85% of it's value shortly after I sold it in no time flat.