It's an economically depressed town that has seen some really hard times.

OF CRIMES AGAINST THE PUBLIC HEALTH AND SAFETY [369a - 402c] that goes into effect during a state of emergency.

In last economic downturn these types of businesses tend to go from expansion mode (economy growing) to (contracting mode) economy stagnant or declining.

I buy stuff that needs full rehabs at deep discounts, and do full rehabs, New furnace, water heater, electrical panel if needed, flooring, kitchens, roof, windows, ect as needed and force the value up, so I tend to buy between $20-50K so $10-30K rehab and get an ARV between $80-120K with rents at unusually .8-1% of ARV or 2%+of my all in cost, this spring boards you forward, doing BRRR without needing more cash, because you can get all your money back out, I try to keep my equity high and debt low with the prospect of economic changes over the terms of a loan, lots can happen in 15+ years. let me know if i can help, I have 24 locations, 27 doors Im in West Bend and have stuff all over WI. 

There was no difference between economic occupancy and physical occupancy on apartments I managed in Rexburg.

Obviously you are either unschooled in economics, or have unrealistic exuberance about the dollar and the ability of the government to contain it or haven't been around long enough to experience inflation (I have been around that long).

Like many periods in history, this appears to be a tenuous time to be overly leveraged due to economic uncertainties in the not-too-distant future.

I don't know the Orlando market but I do know FL has very high insurance rates, much higher than Kansas City so be sure to factor that in to your analysis, I do know Kansas City very well and can tell you that it has a good combination of both good cash flow and strong economic and demographic trends.

This economic boom is raising all boats.  

Ditto for legal and health advice.If the Keystone CPAs (Han's company) or one of the other professionals recommend Sec. 179 or some other tax strategy - that's one thing.