@Jay Hinrichs, that's your view as a successful, conservative, likely perfect credit, substantial reserves, very seasoned borrower / investor / lender / realtor.I'm speaking to the average BP Investors who can use these strategies to get a boost during this very special time in Florida real estate history to have Bigger Pockets!

Like he said this time of year is the perfect time to turnover the lease.

Sits right by an expressway, perfect location.

I think 1031 is out of the question since the timing would have to be unbelievably perfect for it to work and I risk having to pay the tax anyways.I spoke with the realtor and then I spoke with my accountant again, and I think I'm going to just sit on it for now.  

I am making it a goal to purchase one investment property by the time I'm 24.Kim - I have been reading up and it sounds like the perfect way for me to get started - while keeping my mortgage nearly free if I decide to live in the other unit, which is what I would most likely do.

Otherwise the tenants were perfectly pleasant.  

you probably need to perfect title before you can evict.. but each state is different talk to an attorney well versed in tax sale issues.cash for keys is always good lest you find your new purchase missing many items and they vandalise it before they leave.. which is very common when folks lose their homestead

I'm not sure how bad this will hit my credit score but I'm thinking it will be bad since I've had perfect credit my whole life.  

(those two white areas are reflections from window)  The floor is still in perfect shape, and has been in for 10 years.

I asked certain questions and she politely stated she is not a scammer, and if I didn't want to do business that was perfectly fine.