Let’s say you sell for $672 and net say $620k after selling costs?

Cost was like 30% less than the next cheapest ones. 

when your dealing with a borrower with experience...its not wise to control the Construction, Its not smart to smudge HUD's (i took myself, title and attorney days to figure out my closing cost went from 25k to 40k)...later to find out most of it was in fees and paying 12 months in advance of mortgage payments.

Step 3 - no surprise, the renovation costs more and takes longer than expected.

Estimated closing cost is $7776.80 on a $75k washout refi. 

Just my opinion but one residential property per LLC is an overkill in my mind and just ends up costing a lot more money down the road in administrative / accounting fees. 

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620, many blemishes, but should have no evictions in last 2 years.

I am already requiring the tenant cover repair costs and want to tell them the dogs have to go.

Rondo investment cost me a lot of troubles.

I'm not ruling out Florida, but it isn't my focus because of taxes and insurance costs.