@Drew Sygit maybe you misread or I didn’t properly explained.. surely I know Section 8 bares no responsibility while the tenant is gone, I was stating while she was still occupying the home, Section 8 cut off payments.Update: It was a mess but ultimately she was removed within the last month.

Take ownership of your mistake and learn to do the proper due diligence recommended above😊

With that said, Disney just transferred 2000 jobs to Lake Nona area from California, which already has incredible demand for housing, so that would be a great option, Short term rentals near the theme parks perform amazingly if done properly and can generate tens of thousands a month in income.

As a friendly environment for business' and manufactures' Madison county is expected to continue it's growth. 

I still am pushing for it because at the end of the day, getting that tenant out will bring more income with the next tenant and I will be able to do a proper screening.

But I would strongly suggest you stay away from Gary "proper" for any kind of rentals.

With a rehab and proper tenant placement and spreading the word that it’s under new management I think it has the potential to be a money maker.

This is my first post, as a young and new REI I am currently looking for some proper guidance into finding a CPA that has REI experience and can help make sure my LLC is as bulletproof as possible in creation.

SO I have a rather interest question I think... Cash Flow = income - expenses, and we know you must break down the expenses further, ie. mortgage, insurance, taxes etc. I'm curious however about the budgeted expenses ...

Any strategies/suggestions on how to properly use my profits from this first property and secure financing to build or buy more properties?