I've been in the financial industry for over 9 years ranging from retail and community banking to commercial real estate and small business lending through the SBA.

The homes that I an acquiring are in the 3-4 bed and 1,200-1,600 sq ft range.

Added value to this deal by updating the countertops in the kitchen, new fridge and range hood, new paint on the cabinets, fixed and cleaned single pane windows.

I agree that the other units probably aren't updated, it seemed like the range of rents was pretty wide too.Those are basically my first impressions about FHA vs conventional loans as well.

Risk acceptance and goals are the two main factors that are unique to you.

I find it unique that people are saying their ethics would compel them to write a negative review.

Quotes for this property should range between $2500 & $5,000 based on the age of the electrical system and roof.  

I am building a home in Florida. It will be a second home but also part time rental.  it wil cost 500K but homes exactly like it or some with  less upgrades are selling for 650- 700K quickly     Should i get a regular...

This is common and fairly frequent.One thought on the discrepancies is builder filed plans to build one floorplan with the city and built a different one, but who knows where it went different.While lots of people try to calculate prices/sqft and maybe even rent/sqft, I don't think that is always fair and accurate as locations are different, lot sizes different, and every house is unique in some way.   

I started looking OOS to other recommended markets but realized prices in my market are still relatively low when compared to other areas, meaning in the $225,000-$325,000 range for 3-4 units but there’s not much inventory.