If you have any more and/or specific questions, IM me.  

I recommend being more specific, consider the number of comparable rentals, not just the total number of rentals.If your rental is $2000/month and you see rentals at $3000/month with long time on market, that is interesting but not as directly relevant to your situation.

Specifically, I'm interested in exploring Fix & Flip as well as BRRRR strategies.

I also invest in Indiana and don't see those large margins - a flipper there might make $10,000 to $40,000.

PM’s I’m not defending the unlicensed plumber but that’s how so many of those companies make margin, if you want someone licensed the easiest way is to self manage a property (I have a duplex 1.5 away I self manage, have a great plumber, he’s literally replacing a hot water heater tomorrow while I’m 1.5 hours away) as far as the future, it’s really important to try to take the emotion out which I know can be difficult, is this a property that has had issues but can be corrected and become a profitable and relatively easy property to manage.

I thought maybe I could solve this problem later and just pay the minimal taxes on it until then.Turns out, that BP commenter put me in touch with a specialist that has been helping take properties out of flood zones for 20 years (win #1), the commenter himself is a developer with experience and a heavy desire to find good land in FL to develop (win #2), and come to find out this commenter has plans in the works to start an equity fund specifically for delivering affordable housing (win #3)!

For me I would not buy it but that’s because it’s not what I specialize in and I follow the location location location rule of real estateOnly you can answer that questionI do not have a specific buy box.

Hey Michael - I'd love to give you a specific pointers if you'd like me to run an audit of your listing. 

I just think it's funny how some people (not the OP or anyone in this thread specifically), like to romanticize the "free market" until it effects them in a negative way personally.

You should be able to pull up a property on the MLS, zoom in on the map, and feel familiar enough to know if it's in a good area, marginal area, or bad area because you have first hand experience seeing it.