I then researched online articles about top cities to invest in and one article was all about Florida and the next article didn't even mention Florida.

For the second investment, I only set aside $2,500 which gave me $7,500 total.

@David Bokman I totally understand what your sayin.

I will have to register as a contractor though but I intend to do that anyway to be able to pull permits, I intend to do some of the work myself and/or by hiring temporary workers, I have a guy who can remodel a bathroom in about 2 weeks at at a rate of $15/hour for a labor total of $1200, try to get this rate from a contractor.  

Is there a benefit to using a local institution vs and Online institution?

But by total coincidence (I hope), it ended up getting an offer the very same weekend I was looking at it and didn't have any interest in getting in a bidding war

With that being said use the 70% rule you can't buy and rehab total budget more than $175 All In.  

Both are totally fine as if the place sucks and someone rents it THAT MEANS it's the best option for that person at that price point.I've bought slums that were renting for $500/m, fixed them up, and leased them for $800. 

They aren’t a turnkey company but more of an online market place that facilities turnkey transactions .

If it were just $750 a month, that would be a total loss of $162,000!