@Miles Presha That SHOULD be a viable strategy but based on the rents in your market.

Good design, clean, comparable with market rates, and professional photos.

A lot of my out of state clients love this market because there's still tons of opportunity for finding BRRRRs and flips.

Now as a Banker I understand you will have a shorter pay off but you also have to take into consideration market declines.If the market declines in any way or if your area suddenly gets hit with a higher than normal foreclosure/short sale values can drop.

The partnership and market strategy led to a successful outcome with minimal holding time, maximizing return on investment.

Although we don't specialize in buy/flip/sell, we do manage over 1K rentals here in the Central Indy market. 

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

We are planning a move to be closer to family and are looking at whether to rent or buy given the current market.

The dealbreaker on not being an acceptable option for insurance purposes pretty much made Everseal a non-entity in our market.  

Hi AshekI am not an expert in the SE Florida market, but I am very up on the Gulf Coast markets.