But I am a glutton for punishment, so it only wet my appetite so I kept going onto other deals.To answer Mike's question - I went on to get my Brokers Lic. and took over an existing office as the operations manager, first thing I did was revamp the rental department.

At the very worst, the 2 existing homes should be neutral, until you refi them.

The demand for rentals is high across the nation so no reason exists to compromise.

I've been hearing and reading about buying subject to the existing financing.

Sorry to rain on you, but IMO, hearing, "ONLY, ALL, Never" ignores other choices as if they don't exist, which clearly just aint so, and rings my bell (sorry) - - when there are just consequences to some that 'usually' are unpleasant. 

You are the bane of my existence.

Here, undertaking a renovation of such magnitude that a unit, or the entire building, need be vacated is one condition whereby a landlord is permitted to terminate an existing lease.

. $15K is nothing on an expensive home, I think 5% to 10% down is better.Tell me  a Appraisal Value after repairsb Existing financing (type, balance, payment, etc.)Then we can talk.

I think the opportunity is ripe here as its not too saturated with PM companies like Atlanta.

see your title company in Florida , if title not subject to existing liens it's probably a general warranty deed