To do otherwise could constitute fraud. 

Hone in on your target market and start to learn what constitutes "value" in that market.

I'd be willing to bet that the verbiage of what constitutes a closet might even say something along the lines of "being built of similar materials to the remaining structure" (i.e. drywall, wood studs, etc).

The contract in and of itself is promise to perform, and if legally executed constitutes a binding agreement. 

You need to ensure you learn what constitutes a great resident and ensure your property manager knows your criteria. 

If you aren't well versed in what constitutes brokering real estate, check out your local/state statutes or consult a local attorney. 

Of course, we've all learned by now that "security" and "paycheck" in the same sentence nowadays constitutes an oxymoron.

If your cash you bought the property for was loaned to you by your LLC and shows that you show a mortgage, would this not constitute as a faster turn around. 

There was absolutely no mention about closets in bedrooms or any other rules about what constitutes a bedroom.

The rents are rising but it is hard to find great cashflow ing properties without under leveraging the property.There are still plenty of areas in FL where you can find great cashflow, Tampa and Jacksonville come to mind.Where are you looking to purchase and what constitutes a good deal to you?