Originally posted by @Dan Barli:@Duane G. have you looked into other strategies to find motivated sellers, such as direct mail or bandit signs?

Mostly I like the keys because of the high rental rates and strong market (barring a hurricane or course).Do you own any STR in Miami or Ft Lauderdale? 

Is buying a 9yr lease on a bar a wise investment!?!

Ill send ya a connect and we can side bar about your interests in IoT if youd like.

@Dan Barli I want to pursue single family at first and move into buy and hold later on or just having buy and hold as another exit for flips if needed.I'm in ontario canada but I'm impressed by howmany canadians head down south to invest.

They just have a lower bar.

You see Denver developers buying properties over there to turn into bars, pizzerias, restaurants, retail.

It also has loose/damaged siding, security bars on windows that need to be removed, earth-to-wood contact in the foundation and siding, leaks in sinks, windows that don't stay open, loose toilets.

I'm in the UK medium term barring total economic meltdown from Brexit should that occur, so the tax situation is what it is for me until I make it big enough to pay the non dom fee perhaps

@Tammy Graham Not an accountant here, though have talked lots about this with our accountant and lawyer  and other pros to make sure we get this rightThere are a few bars to cross to change rental income/losses from passive into active so and its very easy to get tripped up.