Now I think I already let slip that this beautiful turnkey property sat of the market for many months.

There's always the possibility that they can go up a significant amount based on a number of factors that would really compromise cash flow.

Florida also does not have a state income tax which is a beautiful thing.Come on down!  

That's the beauty of real estate is that it is not a race to the finish line against other investors/people in the industry.

I have a 210K interest only HELOC untapped with a $0 balance and a rate @ 3.75 and I'm looking to do a refinance on some of my other properties and wanted to get a sense of how that would factor in to my DTI. 

That's a matter of long term strategy to avoid ever increasing insurance rates due to hurricane risk factors.  

@Euan Arcia Beautiful work you have done with this flip.

Based on the BP Calc, I can make $40k with nearly all holding costs factored in if I buy at $330k.The comps on the high side are $600k and up and all have 4-6 bds.

Normal real estate appreciation, the kind agents and homeowners talk about, is dependent on a lot of factors.

This has worked and continues to work beautifully for us in our business model.