Pretty high.

Yes, condos and low bedroom count townhouses aren’t going to perform well for investors, as they compete with hotels, but multi generations single families homes with 5+ bedrooms in Windsor island, Solara, Championsgate, Reunion and Encore will have good ROI, from my experience. 

The seller can sell you the property, so you can always try to sue for specific performance to sell the property whether they want to or not if you have a good written contract. 

It is easier to find a value add project and the rent prices and demand are really high.

Prices are high but they claim some pretty impressive figures like circa 15% YOY value gains since they started in 2004 on average (I struggle to believe this).  

@Steve T.As a native of New Jersey currently residing in Georgia, I highly recommend considering Georgia.

Flipping is a high risk activity.

If I could chime in to help in the search:be sure to find an accountant who is willing to grow with you, and is not too high priced fee-wise.

Most of the time, deals pencil better with a regular DSCR loan for an acquisition than with a high-interest rate ARM on your primary. 

Here are my criteria:1.Purchase value below 75k2.At least one college3.Diverse economy4.Not high crime5.Growing population 6.Not smaller then 10k peopleAny recommendations ?