Statewide a 2016 report stated 5.9% Owner occupied:Income-expenses=NOI Guess2550-1970=580* ($193/door "profit")Fully Rented:3400-1970=1430* ($357/door "profit")I know that potential capex and water, sewer, etc may be high, but they are unknown right now.What am I missing?

2b is your only option unless you want to face a very long drawn out and expensive eviction.

If the irs allows it as a business expense, take it.

So, yes they do exist, just a bit harder to find and more expensive.

I'm excited about house hacking, but Southern Florida margins look too thin,  Jacksonville is hot but looks super-competitive with a lot of cash buyers, Orlando too expensive and Tampa looks  like  a maybe. 

Some people flat out recomend just using Microsoft office.I have two duplexes and have no trouble keeping track of expenses with microsoft excel.

(keep in mind the $116k is all net...so after you allot for all expenses and portion for cash reserves, etc...this is strictly profit)If you take a salary, then, breaking each property's profit up individually, would you take a percentage across the board or a flat dollar amount per strategy?

If there isn't a set space for each tenant's dog, make sure you require renters to have insurance-- dogs fight, and vet bills are very expensive, and they will be quick to involve the rich landlord and somehow try and make it your fault.Lastly.... how the dog acts is  99% reflective of  the owner, we have one duplex unit, she has 4 dogs, takes A+ care of them, walks them, lets them out.. 0 damage to the unit.. so it's really all about the owner!  

Is there no where less expensive you could choose to live.

Also, I wanted to make you aware that you can expense certain improvements rather than capitalize it if they are below 2,500.