Lastly on plumbing, venting requirements were often overlooked or thought of as not necessary back in the day, so be sure you are up to code with traps and vents.Good luck with your project!

One of the biggest traps we see in a down cycle is this:  The investor bought the home thinking "well, even if demand drops 10 percent, I'm still in good shape."

A lot of investors shop but end up coming back because they fell for the trap of nice terms, and unfortunately the lender could not deliver.

So your money isn’t trapped you could use it to buy real estate.

It just so happens that more often than not, folks get trapped in the pitfalls.

I am born and raised here in Tampa so I know it quite well myself and am looking for an awesome realtor who knows deals before they are on the market and also has a network.

I also have 15 year mortgages on a few, they don't really cash flow but I got the mortgages before my kids were born and will be paid off by the time they head to college. 

when you stop the relationship, don't fall into the trap of letting him go back to work on the project.

😊  It’s almost frightening to see so many people that seem to feel trapped. 

If your tenants are not dealers or running a trap house, two drive bys, randomly hitting the same home in that amount of time sounds like the kind of community that will not allow you to generate profit.