Lots of experience, has some reserves, good market and flipper has a healthy income to recover if things go wrong (probably Not a problem in this situation)4.

In addition our healthy balance sheet allows us to pre buy mortgages down to as low 3.75% for our buyers, most builders can not qualify to do this.

Hi Health, I am planning on self managing it.

I have basically zero debt these days .. 08 I had 40 mil in debt big diff :)  I can smile now but it was not funny as you know ruined many folks lives. 

Having a healthy fear going into any deal can keep your sense sharp to avoid potential pitfalls. 

Thanks Luka,I'm sure you can find a banger deal in Tampa or almost anywhere for that fact.Just work the market.Nothing works unless you do lolFor example, we buy a $#%@ load of motivated seller lists and my remote team cold calls all day.They are polite, professional and persistent on the phone.Keeping good record and track everything.I'm confident that if we re-target any other market in the US, we could find deals at 30-50% of market value.Just gotta smile and dial lolAll the best mate

From what I read in The Economist, these Sun Belt regions often see steady population growth which can drive healthy rent appreciation.

Try being positive, it puts a smile on people's faces.I just joined the Mercedes forum too.

All indications here are of a pretty healthy market. 

If the local market is healthy and rental income will be adequately managed by a property manager, then a long term residence could be used to build equity.