As an example the walk-in closet is marked with a cross but it's not very explicit....Concerning the Police Station, it's only 600 m away, 9 min by foot.

You've basically cut your housing cost in half, plus get some tax deductions and have an asset that will grow in value over the long run.Of course, you need to factor in potential vacancy, repairs, etc into that cashflow calculation.

However, there are several important concerns and opportunities specific to your Edgewater/Volusia County situation that you need to address carefully.Insurance and Risk Management: Your $3,700/year quote is unfortunately typical for Florida's current insurance crisis, but it's still concerningly high and will significantly impact your cash flow.

I would have to write a 1,000 page essay to cover all the really innovative new products hitting the market, but all this to say, if you are considering a DSCR loan but are concerned about locking into that rate for 2,3 or 5 years with potential rate reductions on the horizon, I would definitely ask your lender what other products or programs may be available because there is so much out there right now.

I told him I was concerned and asked if I could talk to some other buyers he had worked with in the past.

They have a coaching program where they teach you how to wholesale step-by-step and will even help you close deals (for a cut of the profit of course).

I THINK California is the only one that will chase you down for their cut of your eventual sale. 

Some residential areas or homeowners' associations (HOAs) may restrict or prohibit prefabricated garages due to aesthetic or structural concerns.

@Jaxon Ludtke Correct me if I'm wrong but by biggest concern is that if your running costs of $600 include utilities then it doesn't look like you're setting enough/anything aside for regular maintenance, capex or property management (even if you're self-managing, the property should still be able to pay for its own management).The Fed's new inflation target is 3% so you need to raise rents by at least that much per year just to tread water.

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