@Ko Kashiwagi Awesome..my target area would be Largo, Seminole, St Pete and Tampa though (not Gainesville) from 400 to 700 K as of now SFH

I would prefer to make a business plan to target a small grocery store property.

If you change it you may want to have an attorney look at your changes.I use zillow or apartments.com to accept applications, both offer services to run credit and do background checks.For screening you need to set your criteria before you start advertising.I recommend reading a book on landlording, my favorite is "Landlording on Autopilot".

I discussed the idea of an LLC with a local banker and he indicated setting one up especially at this stage was something I could easily do so I submitted my application with the state already.

You need a set of specifications and a scope of work so that the work performed can be compared to the work required by your agreement.

This ruling sets a wonderful precedent for investors in AZ.

. $2,500-$2,700 in rent but have a $1,900 mortgage (including current property taxes) plus $100 for insurance, plus a 10% chance of no one renting and another 10% set aside for repairs.After all that I'm in a range of breaking even or making $200 a month with this as a rental.

I am old enough to have no interest in politics, half truths and partial friends… if I set fire to a bridge BEFORE I cross is….

Appreciation can.If you've got 10 properties cash flowing $200/mo apiece after you pay the mortgage and all expenses AND set aside a repair reserve, well...great.

Unfortunately we did not set up the 1031 exchange prior to selling the house.