Put the home back on the market and hope the VA appraisal doesn't get attached to the propertyI am concerned about losing the profit but more concerned about setting a low comp for future home sales

They will just be concerned that this are places to eat, shop and do it safely.

Here in SE England the 5-6% is before any expenses, so if you have to rehab or replace items you can be down even more points.On a wider note I am more confident the US has reached the turning point than I am about Europe, the whole Greece thing is making it very hard to predict the future.I am concerned about people with things to sell and the distance that puts them from the truth, that's why I started this thread.

My only concern is that this would look like a "finders fee" which are illegal in florida since I'm not an agent.

The lack of zoning might allow it as far a the city is concerned.

Zach, I would be more concerned with the market for larger apartments than the initial start-up cost.

As an investor, are you looking for anything unique in an inspector that an owner occupant wouldn't be concerned with?

Some suggest having one entity own assets (e.g. property) and have another entity be responsible for operating and maintaining the assets, so that if someone makes a mistake operating etc. there is some liability shield and the plaintiff cannot get the assets(again the idea of “piercing the veil” is important here).If you are really concerned about liability you should use the right entity (entities), but also make sure you have the correct relatively inexpensive insurance coverages (including but not limited to structure and liability on the properties, O&E on business, personal umbrella policies)The aforementioned is personal opinion and none of the content should be construed a binding offer or agreement.

Nathan's comments cover my reasons for concern.

I got tired of running into problems with certain areas or subdivisions not allowing weekly or nightly rentals, as well as other problems.I was also concerned that there might be a double dip with real estate foreclosures and it appears that may be happening in certain areas of the country.