When discussing the same with clients, I look at what the overall market value is of all rentals (or potential rentals) in a given LLC, the total debt (if any) of the LLC, and what the individual owner(s) net worth is. 

By increasing the property's value through renovations, you can potentially increase rental income and improve cash flow.Long-Term Rental Demand: Consider markets with strong long-term rental demand, such as college towns, military towns, or areas with growing industries.

I'm reaching out to this community because I find it to be a valuable source of knowledge and insights, especially when it comes to real estate investing.I've come across a potential real estate investment opportunity recently, and I'm eager to gather some feedback and insights from fellow enthusiasts and professionals in the field.The property in question is located in Central Florida, in an area that I believe holds significant promise for future growth and appreciation.

I did not ask for future months or rent if she got out asap.

Studs, plates etc are probably double. if they have the electric and moving the HVAC(duct) in the labor it's potentially not a bad number.

Facebook and its groups can be a great way to find potential tenants.

Altough you may only "need" 20-30% down having reserves will go along way with a potential lender.

Do i need to factor in potential lawyer fees to evict?

You can't do a HELOC on an investment property, For that reason, if you're house hacking, it's always better to get the HELOC before you move out of the property.One suggestion for future financing, look into Bank on Yourself policies.

What is the appreciation potential for this area?