I’m in swfl and looking to invest in real estate straight out of high school, I’m creating a LLC to sign documents legally.

I am estimating a build cost of around $200k - $250k on the high end due to the savings we will be getting from my FIL and our labor.

On a side note, the main reason for home prices being so high is restricted development.

I found a partner with a high income/net worth that didn't have the time to do management or find deals.

. * Property taxes and other fees and regulations placed on rental property owners are already very high, and are rising faster than rent increases in many cases.

I have worked with Darlene off and on for 20 years, so she has seen the highs and lows.

Hunter,Property prices are pretty high but there are plenty of deals to be found.

Personally I can’t believe she found you a “high end” property that would let you sublease.

I recently installed a high efficiency hot water heater and furnace in a single family home in Western PA, I called the building inspector to ask what permits I needed, and he could care less about permitting for it. 

Your risk profile on this would be super high with no upside.