I looked at almost every market in florida before I relocated from columbus ohio because miami Dade County has the most net migrations in the entire United States for one county. we build it in columbus ohio and it is worth approx 215k a door but down here all you'd have to do is change the assemblies and in miami that triplex would be worth more than 300k per door so closer to 900k depending on where you built it. new construction single family homes are going for around 330 per sq ft in the same area and a triplex is considered residential. by building codes a 4 unit is commercial I'd recommend 3 unit first or going as many units as possible if you have backing or your own cash. for each one we do we recommend 100k of liquidity. 

It's a supportive and knowledgeable community here, so I'm sure you'll find valuable insights and connections.Good luck!

Assuming  this revenue ruling still stands, it mirrors the SC situation nicely, meaning it would support your acquisition date of the real property not starting until you have taken possession.I think this would be highly dependent on the terms of the local jurisdiction as well, so what might be correct in one jurisdiction, could be completely wrong in another depending on the rights acquired related to the property.But happy to be pointed where I am wrong!

Purchase price: $120,000 Cash invested: $100,000 Sale price: $300,000 Home was completely renovated cosmetically and partial plumping replacement.

The 2nd question is should we pursue the investment property even though we are more cash strapped than normal due to the remodel and if so, would using a HELOC make sense? 

Purchase price: $42,000 Cash invested: $56,000 Single Family BRRR What made you interested in investing in this type of deal?

Hi,I came across a high cash flow fund recently - Phoenix American Hospitality's REIT https://fourthoffering.phoenixamericanhospitality.com/.

Avail recently got bought by Realtor.com and Avail has live customer support every time I have a question.

Whether they get a full cash payment or owner-finance - still zero tax. 

I feel like that's a good option with okish cash-flow.