How fair is that?

I'm researching the Florida market to see what I can fairly charge and be comfortable with.So that's my update.

This is an investor buy-the-asset play.Assuming you have the resources to pay the taxes (once negotiated) as well as repairs and holding costs, you need to decide if paying all cash for a deal will produce a bargain that is better than a deal that you could buy with leveraged money via a mortgage and small down payment.This will also be a great learning experience for you.

You must be fairly adept at fixing, replacing and occasionally rebuilding.

My name is Andria Palgut, I am a fairly new Real Estate Agent in Jacksonville, FL.

I am curious as to how you faired with your rehab.

I'm fairly particular about who I work for.    

I risk vacancy for a month or two, but this area should allow me to find new tenants fairly quickly if I stay in the 1100-1200/month rangeAny feedback and insights you can provide with respect to rent increase limits or how to handle this scenario are very much appreciated.

Hi Dennis, in general the owner of the real estate that has been remodeled/retrofitted to meet certification standards for assisted living should be able to lease the property for 2-3X fair market rent of a comparable sized house.

I'm fairly new to the forum as well.