And then I still wouldn't buy because if insurance keeps going up and up, it will be unsellable and tenants don't want to live in a flood zone unless they are on the upper floors.

Should I keep you in mind for residential or is your fund too huge and massive for puny individual notes?

Better to keep an eye on profits than to stop at top line revenue. 

That way you could get a loan on it while keeping the first.

I’m not looking to keep deposit, be a scumlord or anything.

As my portfolio began to grow, I realized that I was going to be unable to manage the properties and keep a full-time job (we had 5 annual rentals).  

They have a fee for keeping their lights on.

They've been great owners, keeping the upkeep strong, and lately putting about $40K into it to ready it for sale.

There are some things that can cause issues with your upfront approval or end up causing a denial in or during underwriting that an unexperienced loan officer will not know or catch.One big thing to keep in mind is when you are buying more REI the guide lines require more assets and PITI reserves and a HELOC can "Never" act as an asset or PITI reserves.

I keep my eyes open in the Daytona Beach area still and this info would be helpful in the future.