I've attached some quick bullet points on the loan itself below. 

Just wanted to pose a question to the seasoned warehouse/retail landlords in Florida.... ive been trying to find deals whereby the rents are below market and i could renovate and re-lease at market rates in order to obtain the good return (better than the meager 5-7caps.

Some of these properties had rents even below half the market prices!!

Might work or maybe a below average solution.3. 

One clarification here in MA the charges are above and below a certain amount for property destruction or theft so  it should say above or below $1000.   

Below market multis that need work.  

It takes less than 2 weeks to find a qualified tenant and process them through a rigorous tenant screening process.Even in situations where there will be some re-painting and some renovations, the tenants are just happy to find a secure, good apt in a safe and trendy neighborhood.When I build my Business Plans, Vacancy cost is projected to be ZERO in my investment localities.If a friend or relative invests in a different location, then I look at the asking rent versus the Fair Market Rent (FMR).If the asking Rent is approximately the same as the FMR, then, depending on the vacancy rate of the target area, I would estimate 1 month vacancy allowance.IF the asking Rent is significantly below the FMR in a highly dense locality, then there is no point on adding a vacancy of any significant value.I once had an apt with a FMR of $3k per month.

He is paying about $350/month below market rates ($1,200 vs $1,550 / month).

Below link for the report and will appreciate if you can take a look and let me know if foundation issue is a nightmare or something not to worry about.

If they cannot save for 1 month rent and full deposit, then they would have problems paying rent when something unexpected happens.And for god sake do not tell me what is my return on investment because first, this is unprofessional and second you have no idea of what my expenses are. you are forgetting small things like, taxes, insurance, maintenance, evictions, code compliance penalties, vacancies, interest on the loan, etc.BorislavThe OwnerOn Fri, Jan 4, 2019 at 8:45 AM Support Zzz Realty wrote:Hi Borislav - We are very disappointed with your email below.