So the taxes are "included" in the 50%.IMO, if you are solely using the 50% rule to determine your cashflow that is not an accurate method.

Good afternoon fellow BP members, What is the most accurate way without having access to MLS to determine the hot areas in a city that SFH’s are being sold?

Going to speak to a civil engineer today to determine exactly what we can build on the property so I can get an accurate calculation of the cost of the build.

So my fiance and I were hoping to make money through Wholesaling because we are just starting out and don't have a lot of money saved up, but we heard Florida is against Wholesaling if you aren't a real estate agent which neither of us are.Has anyone currently a wholesaler in Florida, or know if this is indeed accurate?

Granted, renting to pet owners is a gamble...but I would argue that renting to Humans is far more risky.

Kevin's answers are accurate.

Donna Dr area), they rent well and you'll be in better shape, facing less of the challenges that D class brings.Deal 2 is much more attractive, in my opinion, assuming your reno estimates are accurate and there are no major CapX coming up very soon. 

Are sites that give a rent estimates accurate?

@Derek McGillicuddy It's always a pretty big gamble if you rent out to someone you know.

That would give you a very accurate view of occupancy rates and pricing.