I've sent a couple of possible draft plans to Abdel to get rough estimates but would like to check around with other builders also.

What makes it even better is that my refi estimate and expected ARV came in almost perfect when it was all said and done.

I would estimate over 15 years old.

Big ticket items like insurance is one area where you can get big savings.I just got my escrow estimate for one of my rentals and the insurance went up by $200! 

I’ve had a single family home appraise for $20,000 less than a zestimate and another appraise for nearly $20,000 more.I’d recommend talking to a realtor who can pull comps and give you a much more accurate estimate of what value of the property.

They even prefill the rental estimate, it seems like they are grabbing it from Zillow's rental estimate value.

You will need a budget closer to $600k and for FHA your cash flow (using conservative estimates) would be $50 per door not living there, you won't be walking distance from the el either. 

@Jaysen Medhurst I’m still trying to understand estimating CAPEX.

With the United States at over 135k documented cases(3/30/20) and looking at the data, I feel this will stretch on longer then originally estimated.

would be a great way to dip your toe into the Florida Keys housing market.Sample Figures on a Duplex currently listed for sale in Key West:Sale Price: $695,000Taxes: $5895Flood/ Wind/ Homeowners Insurance: $6548Sample Mortgage Payment: $4150Unit A Rented @ $2500Your Mortgage Responsibility: $1650Housing Allowance: $2350Potential Cash Flow: $700 per month*Note, these figures are based on a primary residence @ 3.5% and are an estimate only.