I have a seasoned investor that has one signed with me to help him find a property he is seeking.  

Welcome this site is the best so much information and connection from fellow rookies to seasoned vets! 

Joe:I've seen you pop-in like Mahna Mahna with your refrain on several threads now - both in and out of season.   

There is an aluminum screen door,  then the broken door in photo leading to a 3-seasons room type enclosed poarch. 

I've looked at Florida (because after this miserable Winter, that's where I'd like to hang out 4 months a year), but because I'm not that familiar with the state (I've lived in the same area my entire life), it's a bit of a challenge to ascertain what the strong rental areas are (beyond seasonal rentals, near the attractions).

Hi BPI am future planning.I kinda know about 1031 exchange but never done one, b.c #1 timing and #2 not cost effective at the time------I bought a duplex that has 2 separate deeds, I am currently rehabbing and hopefully sell them individually.As it's tax season we were talking about the tax consequences with our accountant.- my husband is in a tax bracket that capital gain is almost equal to normal taxes, so my accountant says it didn't make a difference when we sell traditionally-also we would have held it for less than one year, if all goes right. no real tax benefit there.

To the newbies and also to the seasoned veterans alike, The smallest effort can yield the largest results.

Feels great getting some different perspectives, especially from seasoned investors. 

Perhaps talk to a local spec builder or seasoned investor in the area and find out what they are paying for new construction.

It sounds like you require a 12 month seasoning?