It takes some financial investment, but mail campaigns have been an effective tool to contact people who own property you would want, who share the characteristics of motivated sellers.

Anything beyond that, means the margins are perhaps a little too tight and you may want to reconsider doing the deal.If what you’re saying is correct, that 70% ARV does not leave any, or very little money for renovation, than I can already tell the margins on this deal will be tight.

Flood insurance can be costly sometimes (especially if you are working with someone who isn't an expert in the area of insurance)Most agents are generalist and flood is complicated to quote & write correctly so most agent (yes even in Florida are not experts in all the options).

I ask because right now I go online and just pick a home off zillo ect and then play with the bp tool calculators but it doesn't feel like I'm really running numbers because I may not have the purchase price, arv, ect.

I'd love to hear the communities thoughts on what they believe the correct course is.With that being said, I am planning on purchasing a 2-4 unit property to owner occupy and house hack.

I doubt any bank will correct open permit or violations since they sell properties "as is".

Account Closed - one way is to contact a local realtor who can use their tools to find out more.

Sorry, just want to make I’m understanding correctly.

I think Wayne is correct when he suggests "The Buyer looking at or making an offer in another property is irrelevant."

@Aaron Garrison - Good for you for making some life corrections!!