App_mode=Displ...Also, our Governor Ron DeSantis just passed a "Squatter law" which always a homeowner to reclaim their property INSTANTLY under these terms The individual has unlawfully entered and remains on the property;The individual has been directed to leave the property by the owner but has not done so; andThe individual is not a current or former tenant in a legal dispute.First in the Nation to do so.Link to squatter article - https://www.flgov.com/2024/03/27/governor-desantis-signs-leg...Let me know if you have any questions about FL or plan on investing in the Sunshine State!

I also told the tenant she would need a new business license and insurance appropriate for the new business model.

Unlike traditional mortgages, however, tax and insurance payments generally are not rolled into monthly debt service, and the buyer must make them directly.At the end of the loan term, the buyer either makes the balloon payment or obtains a mortgage refinance and pays off the sellers with the proceeds of a new loan.

You probably won't have survey requirement because you can re-use your old one, and usually you get a credit for title insurance if refinancing within 2-3 years of your original purchase.  

Most of the clients, they will also work 9-5 but there will some that don't and you need to have contingency plans ready for those.Also, make sure to describe how intense those first years will be to your significant other, so they know what's to come. 

One influencing factor is city planning and transportation.

Hi Daniel, Would you be utilizing one of the units in the duplex as a primary residence or do you plan on renting both units from the start? 

The paid plans would seem more reliable at 3 months and 12 months old. 

Sounds like he may be getting hit with a stupid tax but hopefully that fee will get mitigated with insurance. 

Sounds like you're on a great path to success.With the house hack, do you not plan to live in the house?