Do I just need to give the excel sheet I created to the real estate agent or so I need to actually have a formal offer written out? 

The con of this though is that the monthly payment is much higher, thus reducing my cash flow significantly (if anything).Since I am somewhat new to real estate, I know there are more variables to consider like appreciation, or refinancing or HELOC down the road.

As in ANY real estate deal, always do your research. 

One of my favorite places on the internet for keeping it real. 

I’ve recently started exploring real estate investing as a path to financial freedom and am interested in the South Florida market.

Also, as of 10 minutes ago, I was presented with a SF and 2 duplex on one lot, that has gross rent of about 36k for 120k,,, now THAT looks good, but will find out in about an hour,  You're a real estate consultant?

It will always be a great time to be in real estate.  

The market is likely to benefit from improving economic conditions, including rising household incomes and stable employment growth.4.

Short term rentals typically need to be furnished and maintained at a higher standard.Tax Implications: Understand the tax benefits and implications of both strategies.

Our next step is to look for a real estate agent in the area, does anyone have any recommendations?