The fact that you were able to rent the property after a full gut renovation indicates a good return on your investment, and refinancing after the rehab was a smart move to recoup your cash and prepare for future deals.One key observation is the challenge of rehab budget overruns.

Overestimating costs and staying under budget is always a smart move, and it sounds like the renovation went smoothly.

You start well, but adding a bit more value upfront, such as positioning yourself as someone who "specializes in helping homeowners sell quickly and hassle-free," could increase receptiveness.Asking if they’re "hoping" to sell the house is smart and non-aggressive.

Hi Dina,Buying your in-laws' home is a smart way to prevent a reverse mortgage and provide support for their care.

If you have a site plan, it may be smart to take the drawing down to the building department and ask over the counter what is needed.

As to your numerical goal, you can certainly exceed that (and ultimately by a large margin).Most would-be real estate investors get distracted along the way but have lots of smart phone apps.

Would it be smart to hold off on investing until prices drop?

As for the mortgage, if you don't have any real income, nobody smart is going to loan you money.

You sound like a very smart young man with a bright future.  

I am out of state and don't know a lot about the Jacksonville market today.The property also has firepit in the backyard, smart door lock, cameras, thermostat, and router installed.