Which is the stronger market, with a relatively attractive price point for entry.2.

You had a repair person out and then replaced the item in a timely manner. 

It's not that these properties don't cash flow, they just don't cash flow at traditional LTV entry levels.

@January Johnson is a goto person for Florida.Also, do a search on Gulf Shores and you will find more people and info.

I don't know how the average person could afford this. 

(busy, but not making our listings a priority)@Ronald Rohde I can personally (DFW) relate to this on a deep and meaningful level!

Your $80k estimate could be legit but unless you had a contractor estimate, which we always bump up, or we personally walked the house to confirm, we use 15% of the ARV, or $94.5k in your case.

He's in that area and actually started his journey house hacking in MA so could be a good person to talk to! 

This person and I have done a previous deal together but very different circumstances, so we have full trust in each other. 

Personally I'm not really worried about natural disaster type issues in DFW.