You'll find a plethora of companies selling the same loans for 7%-8% that you could be getting in the mid 5% range on a 30 year fixed mortgage with the same qualifications if you talk to the right person. 

Lots of turnkey duplexes to be had in the 75k-$100k price ranges.

If you're looking in the 20-75 unit range you could handwrite or call owners since there's a better chance of them being a mom and pop. 

Florida is about as diverse as California is with dramatically different markets.

Typical payback will be 4 months will net a gross return in the 20%+ range. 

I live in bay area so nothing here in my price range

You can get A+ grade new construction homes in the OKC area in the 200k range (higher end fixtures, quartz counter tops, designer finishes, etc).

Our price range is $130,000-200,000.

Thank u Ashkey n David for response-  Ashley on a heloc loan there is no expense with closing and appraisal is free by the bank, but when used to buy for cash and refi will incur closing cost typically for range of home in 150-160k range adds to about 5000 in closing cost but have 1 closing cost to incur,but on a refi with cash out on a vacation home and then buy a for cash on a rental will incur 2 closing cost. 

Usually most lenders offer 80% to 90% of total loan amount up to 70% after repair value.For example let’s say the purchase is $100,000 and repairs is $50,000 and arv is $250,000.The max the lender can offer is $175,000.That’s what they can offer which means you still need to bring 10 to 20% to the table.Rates range from 6.75% (having done around 14 to 25 yearly) to 11% having done none in the past 2 years.