Find a duplex on the MLS that is a cosmetic fixer or fairly turn key.4.

You can't really wholesale something that is turn key or close to it.

The trend is vinyl plank flooring but no experience with it. https://www.nachi.org/life-expectancy.htm

I offered him $600 cash for keys if he was out in two weeks and the place was in the same condition. 

I am a real estate agent in Tampa with a wholesale brokerage and I have noticed a huge trend lately that I wanted to get opinions on.  

This is a key assumption to my problem so if that is incorrect please let me know.The excel formula of course uses the syntax IRR(values, guess)For this example:- Row 1 will hold yearly cash flow for years 1-5.- Row 3 will hold sale proceeds- I will sell the property in year 5 So it will look like this:A1= 100 (cash outflow)B1= 10C1= 15D1= 15E1= 15E3 = 25 (proceeds from sale of asset)Here is the formula I am using to calculate this=IRR((A1:E1,E3))This will return a value but I am not sure if it is the correct way to calculate this because I am not sure how Excel is interpreting these flows with regard to timing.

Are you looking for turn key houses to rent, or distressed/ fixer-uppers to buy low, renovate and rent out. 

I am interested in investing in the Florida Keys, particularly for short term rentals.

I've looked very seriously at the Killeen market because the rental returns are so appealing, but I just can't bring myself to buy in a market that has those kind of long-term trends.

The two keys for success are: 1.