However, he has started discussing that he is losing money every month on this rental.

Hello,Can anyone recommend a Real Estate Attorney in West Palm Beach or Palm Beach County, Florida?  I am a newbie and want to build this foundation the right way.  Thanks in advance.

After we buy all cash and make the repairs, appraiser would re-appraise the home and we would get 75% loan to value (cash purchase price) on the property. 1.

Hello there and lets discuss about that.

You can find all these on meetup.com, including Hobby Millionaire Charlotte, which is the RE meetup in Charlotte with the most members.  

We have discussed Airbnb but not have researched it extensively in regards to where that's working besides the attractions here.  

I would keep searching - are there any active RE Investing groups in your area where you could ask around? 

Landbanks are more or less where municipalities go in and take properties from negligent/bad landlords who leave properties un-kept for years, take them , mow the grass and re-sell them to people who will take care of them, otherwise they get torn down. 

I have a good tenant, but they have discussed moving in the future.

My father is also in the development business in NYC, I would love to connect so we can discuss a little bit further.