My wife and I have been actively involved in real estate, flipping and also buying-and-holding for over two years in the Miami market, up to now we have acquired all of our properties through the auction.We are eager to expand to other Florida markets, with a special interest in Brevard County, Collier County, and Lee County, but we are open to others.

I obviously wasn't involved in your previous inquiries, but in this case it's possible that "our type of business" is being viewed as "a business that already failed once." 

As far as tenants are concerned. read the NY tenants landlord laws as many times as you need to until you understand them.

Cap Rates are a shortcut to understanding value at a 10,000 foot level.

Many people say it's not necessary, but many don't understand what is at stake.

I definitely suggest you get involved in some local meetups.

However, you are able to depreciate the building and its’ components.The land value is utilized in a cost segregation study and it is crucial that it is accurate so that it does not result in incorrect depreciation calculations which would open you up to the risk of an audit if it was overstated or you would miss out on tax savings if it was understated.So, we now understand the importance of the land value, but how do we calculate it?

Thanks for the feed back Jake I have a HELOC with them however it is with my primary residence and I onley took about 1/3 of what it was worth so i could understand what i can and cant do with HELOC now I'm kicking myself wish i got the wole 80% but I wanted to test it out first I will have 2 houses paid off and 1 duplex I am paying on in 2 years I want to see if I can group those 2 rentals and get 80% of those and buy 3 more keep us updated and GOOD luck 

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

There are over 10,000 agencies in the us, most are bad and none of them will understand our industry, I would stick with somebody who knows REI.