You have one meter I assume electric is included.

Depending on the damage, this hurricane will definitely affect real estate prices in South Florida including Miami.

Well i paid 173000 total including the downpayment and thats what Zillow shows for how much the home sold for.

At some point, you'll have to replace roofs/water heaters/ furnace/ AC coil/ upgrade kitchen and baths and the rental income needs to be able to support it.Property analysis should include PM.

There is TONS of helpful and well-educated people on BP, including myself, though my expertise lies in developing and rehabber, I am knowledgeable on many things in REI so don't be afraid to connect with me and ask away. 

Some of the things I would like to include. keeping in mind the property is in California.I would rather not rent to smokers but If I must could I charge a smokers fee?

Do we accept putting additional cash into our first deal or do we keep our eyes open for another deal.Original Offer:Price: 153k ($31k into the deal)Anticipated rent: $2,000k/monthOperating expenses: $9.4k / year (includes management, cap ex, vacancy, taxes, insurance, etc.)Cashflow: $4.2k / yearCash on Cash return: 13.68%The appraisal came in at 146k and they raised some very valid points on why the property was not worth 153.  

It still projects to cash flow anywhere from 8-11% over a 5 yr hold, with a total return of over 100% to the investors including capital gains at sale.  

He offers a few different commission plans including 100% commission. 

If the tenant did that, then a judge would decide the outcome, which would not include include criminal charges due to existence of a contract dispute... if they won, the landlord would owe them for damages, being the cost to recover the vehicle, legal fees, and maybe lost wages.