The prices you’re experiencing in Chantilly are not really high end around here, but about mid-range for the area.

My question is here in Florida, those type of houses range probably from 400-500k so how can I get a property that will make me profit?

I am thinking of buying a home that is move-in-ready (I have my eye on a couple that range from 90-95k). 

Oh, and I think you should sell the range and replace it with a stainless steel one from Facebook market place or scratch & dent.https://www.facebook.com/marke...

It's a healthy and diverse economy with projected growth, but its also a city surrounded by open build-able land, which means it doesn't have the same kind of condensed urban core, where scarcity of land drives rapid appreciation like in other major cities. 

I imagine it will be in the few thousand $ range.

As a Soldier, I always take my BAH rate and subtract $200, then I go look for places to rent that fit that price range.  

Question...since you're servicing the military community with your properties, did you buy houses that fit a specific BAH range?

Your 8.0% cap rate is also in-line with B-C product of this size in second- & third-tier markets (7-9% OAR is a good range for B/C product in tertiary markets).

A quality agent can make the transactions mesh together much easier and it will be a better sign for the Seller and Listing Agent on whatever home you want to buy.The bigger piece of the puzzle is making sure that financing is not an issue and that you can qualify for both payments and that your DTI's are in range.