A two-family where you live in one side and rent your other rooms to friends and then rent the other side (maybe even do mid-term rental or short-term) with a much lower downpayment is potentially a better producer.

Regarding the trailers, you can try to find out what the going rates are for those types of rentals in the area.

If you cash out refi you won't be able to deduct your mortgage interest until you deploy the loan proceeds on another rental - and you must keep them segregated until then.

First time trying to buy a rental (single family, duplex, triplex, quad) in Florida.

What’s a realistic IRR to expect on a long term rental in the current market?

Do you think BM Regal paint is too expensive for rental? 

We as a firm have investors working with us who have rental properties all over the US big and small.Finding a real estate-focused tax professional and one who can help with advisory and grow with you would be my suggestion to focus your efforts on finding.

However, I attended an RE meetup and learned about this company called Spark Rental (https://sparkrental.com/coinvesting/?

HelloI have one rental unit in out of state.

For example, a 10% return (or reward) can be worth the risk if you are investing in a Class A single-family rental in a great market with an A+ tenant, but not worth the risk at all if betting on a 16-seed to make it to the Final Four in March Madness.Investors in mortgage bonds utilize the risk-and-reward framework when allocating how to invest capital.