Also, you didn't mention the market and the asset type/class. 

Didn’t mention the $10 billion in hotel and convention center building over the next couple years as those things come and go.

He mentioned a property needing tens of thousands in repairs and because of those reserves, he didn't "feel" it.

Retail s probably the best mentioned. 

I've never seen a lender lend solely on as-is value without caring about purchase price (i.e. the 65% LTV scenario you mentioned).Loan to Cost (LTC):  This takes into account the rehab as well as the purchase price, i.e. your big costs for the project. 

We visited many of the cities that have been mentioned in this thread (Siesta Key, Fort Myers, Sarasota, Sanibel, Naples, etc.) 

I know someone mentioned researching turnover in an area.

As someone else mentioned thanks to Fort Hood there are always people moving in.

I appreciate you going into detail on why Capital Gains isn’t mentioned as much and how the process works.

Unless your lease specifically mentions it, you should tell them that from now on only one person can make payment, and you should setup your online system to only accept full payment.