If you pick the right spot in FL, I think you can still flip with your experience, but the margins are tight now because values are going down in a lot of parts of Florida.

Granted, that is for people that have perfect credit, putting down a large down payment, lower DTI, etc.

And just to clarify if anyone else is reading this: buying an interest rate cap, while effectively buying down the interest rate is NOT like buying down the rate on your personal mortgage.A point on your personal mortgage locks in the lower rate for 30 yrs and the mortgage fully amortizes.  

Truth be told, the less money you put down, the higher the rate.

When starting, save 10% of every paycheck for your first down payment.

Understanding cash cycles from different marketing channels will give you a better understanding of which path will be best for you to pursue.Outbound channels are getting more and more regulated as days pass, so I recommend diversifying with different marketing channels so that when one gets shut down, your business doesn't suffer significantly.

Do you mean in terms of real estate, economic opportunity, any major changes to the job market that means ups/downs in real estate interest in the area?

I am looking at $200-220K properties (20% down, 80% mortgage) and just about break even or have upto $50 cash flow.

Or would an appraiser do a new appraisal and put down 5 units blowing it?

Best of luck getting these units squared away A "true" turnkey provider is always waiting for the ax to fall mate and it can only fall on their head lolLot of accountability and responsibility for sure and it takes many many years to get operating decently.I won't say "perfectly" because there are non stop kinks in the armor of a true turnkey provider.Thanks