I mean, I agree with the gain if demand materializes, but buying in a rural area is pure speculation.

@Kyle OwenIn a seller's market, getting a seller to accept a rehab loan offer can be difficult combined with the fact that construction labor/materials has increased, but it doesn't make your idea impossible ... just more difficult. 

RE professionals can group their properties and make all those "active" if they meet the material participation rules and keep excellent records.

It is a Cost Plus, it says throughout the build 5% increase in material price would initiate a price increase to me for the build.

Material costs are similar across the world (the labor costs fluctuate dramatically) so knowing what a rehab will cost within 20% is realistic.  2.  

I know of a great condo complex (Timberwood Villas) on the mainland that allows vacation rents with a high demand of repeat business and they start from $180k.As for Orlando, there is way to much competition from the hotels, the majority of Brits that come over only come for 2 weeks, as this is what the airlines restrict you too if you come over on a package.

I had a bunch of construction material/debris from my last flip (some usable items like a box of partially broken tile, old sink, old toilet, but also a bunch of trash) and posted pictures of it on craigslist and offered to pay the lowest bidder to haul it off.  

Also a experienced broker will give you much better customer service and help you prepare your package.  

Keep it simple and cheap with the first few SFRs especially if your not sitting on a material balance sheet.

There are a few deals even on craiglist where someone is selling a package at 100K for a house in this neighbourhood and is pulling 1300.