You can easily check the competition and get that info.

If objections are brought up during a listing presentation, this can easily be corrected/resolved. 

For example a roof might have a 25 year shingle but with monitoring and minor repairs can easily last 30-35, maybe even 40 years!

Hey @Isaiah Cortez, speak to an REI-savvy attorney who operates in FL (doesn't have to be located in FL but should know state-specific rules/regulations/laws).We see so many different entity structures for rental portfolios in our REI Bookkeeping Firm.Whatever you decide, ensure it's simple enough for you to easily abide by the structure in your day-to-day operations. 

Cash-flowing rentals in Florida right now are tough overall, so you won't pull up places for sale in the greater Orlando area, throw a dart at the metaphorical board, and find a property that easily cash flows.

You can easily find a turn-key property in the $250k range with cap rates around 6.

You will also have the ability to refinance the new purchase easily with a delayed purchase refinance (You can price these as a rate and term refinance), if you plan on only refinancing the purchase price + cost of improvements. 

However, I've found that www.netronline.com provides the same and is more easily accessed.Ted Thomas does everthing possible to keep students from interacting, so there is no Facebook or WhatsApp group established through the organization, but there may be groups established outside of the TT organization. 

Once renovated, the ARV could easily reach the $500k range, based on similar homes in the area.My question is: with the daycare operating in the back, would this pose any issues if I wanted to rent out the main house?

They will easily write the $500 off and save the headache.