So factor that into your thoughts.If you like to read, try property management for dummies.Good Luck!

I've never done it personally, but talking to folks that have, it seems like it would be around the same price to refinish them versus putting down laminate or vinyl plank (especially factoring in install labor).

We are currently looking for REI in mainly Marion County, FL (Ocala) and Cape Coral, FL but are open to other areas as well as where we live in Broward ($$ usually the prohibiting factor). 

I want to know how influential of a factor that is for sellers and if there is anything else I can provide to compete with cash buyers that might be in at a higher price point than me.

I want to know how influential of a factor that is for sellers and if there is anything else I can provide to compete with cash buyers that might be in at a higher price point than me.

But I also need to add other expenses on top of the mortgage like the fee of the rental management company, insurance, tax, vacancy factor, so all in all it comes with negative cash flow, and seeing negative cash flow I started rejecting the property upfront, which I think probably a not good idea considering the current market and those areas where real estate is hot.

With your first property being a owner occupied, you will be limited to areas you want to actually live and work in, so it seems that will likely be the driving factor of what city your first investment property is in. 

3) Are there external factors that compel you to stay in medicine? 

Price will vary based on a number of factors including the complexity of the tax return as well as frequency and depth of the consultations.

@Isoke CraigBeside purchase price, there are other factors that make for a strong offer: Type of financing - convention or cash are better for a seller than FHA and VAEarnest Money - consider higher than 1% of purchase priceOption fee- higher the better - more incentive for the seller if you back outShort option period - I win offers with 3-5 days to inspectPurchase the title policyThe list goes on.