@Jay Hinrichs Yes still good money in flips and new builds to be made especially with off market deals.

More listings means more options to choose from and could mean better deals.

But the deal is still horrible. 

And now I have noticed my tenant bringing her dog to the front to do his business, I think she has seen the neighbor dogs doing it and thinks it's ok.

We look for multifamily 10-80 units in Jacksonville and Orlando and it's tough to make deals pencil right now for all the reasons Shawn said.

I hope to continue to learn from the vast amount of knowledge that is here, make connections and maybe someday do some deals with some of you!

I will be inspecting the property (tour) tomorrow at 10 am What made you interested in investing in this type of deal?

For those using a LLC to acquire fix-and-flips, wholesale, or deals you don't anticipate holding long term:Are you utilizing your home address or a virtual business address?

As far taking a $1K loss a month, maybe talk to different prop mgmt companies to see if you can get a better deal or if your property needs any upgrades that you can perform in order to ask for a better or higher rent, something to consider.

Excited that you are considering using REsimpli for your business.