Debt financing was our main preference, but we wanted to ask about partnerships to keep our options open.

What cap rate and other attributes would you mainly look at in the deal to decide if it's worth considering ?

The main holdup is that he has a broker friend who is doing an appraisal for cheap.

That is the main value of buying turnkey.Property ConditionMost turnkey providers put all their money into cosmetics, not systems.

Hi BP, I have been looking into purchasing an investment property in the Hollywood/Fort Lauderdale, FL area.Ideally looking for a small multi-fam which I can house hack, but also open to SFR’s as well, my main focus is on obtaining a property that produces a positive cash flow.Any general advice from those who have/are invested in the area?

Have looked on google and so far have mainly seen big time commercial builders. 

that is the main reason that I am considering Orlando.  

.), but feel I’m a little late to the game since it seems that everyone in the Tri-State area swarmed there starting last year.Ideally looking for a small multi-fam which I can house hack, but also open to SFR’s as well, my main focus is on obtaining a property that produces a positive cash flow.Was hoping if anyone could provide some insight into how this market is currently faringOr Any general advice from those who have/are invested in the areaOr Any recommendations for specific nearby neighborhoods to research deeper within my price range (approx. 250-300K)Thank you all!

Also, electricity for most places in the South is 10-12 cents/kw while states like Massachusetts, Michigan, New York, New Jersey, Maine, Connecticut, etc... all northern states have electricity rates of 15-22 cents/kw.  

Hello BP,I purchased my first Commercial real estate property in Old orchard Beach, ME. I am looking for recommendations for commercial insurance broker in the area. Any suggestions?Thank you.