Shawn - I would suggest you develop a pro forma based on the stabilized state of the property to understand if it cash flows once all units are occupied being sure to include all reasonable revenue assumptions (rents, vacancy factor, etc..) as well as expenses (debt payments, maintenance, utilities, property management, taxes, insurance, turnover costs, etc..)

This particular location like others have shared is close to the Nubble lighthouse, walkable to ice cream and a restaurant as well as inbetween Short Sands beach and Long Sands Beach.

I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

Hello, I hope you are doing well.

Yeah, that's how well that works out. 

Depends on the quality of the repair and how well the tub is supported.

Excellent, I will reach out to a few appraisers in the area and see if I can find a GC as well to help with the renovation estimate.

Hey Joseph, I just messaged you as well.

If you broke that first rule, well...what could you expect?

Hi @Dave Allen I have all of my rentals in separate land trusts and the beneficiary of the land trust is my LLC.I use a local trust company to be my trustee and have another great resource here in Orlando as well.