I sense they will want to regulate it lightly and tax it appropriately. 

I’ve got 3 properties that are cash flowing well, but I really haven’t seen anything on the MLS that makes sense in months.

(does it make sense to move into the property to lower rents and downpayment), and are you willing to live in the neighborhood you purchase in?

I thought this would be common sense,  but I guess notIf they get off scott free, by lieing to me, and not have any consequences for their actions, it reinforces their behavior.I feel like I will write a letter, indicating the cause of the fire, confirm with them the electrical is fine.

@Jason DiClemente, ahhh now that makes sense, why couldn't my agent make sense lol.

That makes sense thanks for your insight

@Andrew Merewitz, you will have to register the LLC to do business in FL regardless so it usually makes sense to just set it up in FL or else you will be paying double annual fees.In terms of CPAs, it is vastly more important to ensure they understand your business than their actual location.

Basing purchasing decisions off a current cap rate makes little or no sense to me (would appreciate being corrected).

Call it what you want, but this is not a transactional loan in any traditional sense and certainly not risk-free.

I guess my question is two fold, should I wait it out and keep preparing/analyzing/learning or should I take the chance and buy something where the numbers make sense, and if so, how do I buy low in such a strong sellers market?