Tampa includes, Tampa, St Pete, Clearwater, Seminole, Gulfport, Dunedin,Palm Harbor that are HOT areas near the beaches. 

For 1% rule you can do Brighton Park, Mckinley Park (harder and harder now there), Belmont Craigin, Bronzeville hard to find and super hot right now but pop up once in a while and then there is of course chicago suburbs (higher taxes in suburbs but higher % ratio of cashflow so some trade offs). 99% of deals aren't good.

I would assume air bnb has a similar policy.  

A capex budget needs to include but not limited to: roof 25 year life span, floors 10 year life span, appliances and hot water heater 12 year life span, hvac 20 year life span, bath and kitchen remodel 20 year life span.

From there, you'll have to get estimates for moving costs and hook ups (i.e. plumbing, electrical, gas, air conditioning, etc).

They're builder grade compared to Lennox or Trane.If you want to save some money use another brand that Lennox owns like armstrong air or ducane. lennox is owned by allied air and allied air owns a bunch of other brands that in a nut shell are a lennox unit with a different paint job. 

I think to get the 1% rule on ne side the house would need hard money d/t beeing a super hot mess.

I live in Colorado Springs so the market is very hot, but SFH prices are quite high, and multi-family is seemingly out of budget. 

Time is money in the game and in the market I am in and there just isnt enough time to mess around with the 203k loan.Now Hard Money may be an option for you but I dont believe you can owner occupy a home that has hard money at least witht the HML lenders I have used this has been a strict concern they have because the lender will be in hot water if you move in.

Investment Info:

Single-family residence buy & hold investment in Orange.

Purchase price: $55,000

Cash invested: $15,000

FSBO off of Zillow with 60+ days on the market. The owner, older, was tryi...