So after direct wholesale cost (from the money, ex. 1 pt) they will originate the loan for you at the standard "2" for 1 pt to their company.

Insurance is always a great first line of defense with an umbrella policy being a great way to protect in case anything unfortunate were to happen.

That’s the gold standard especially if you want defensible results and maximum accelerated depreciation.I’m the CEO of Engineered Tax Services, and this is exactly what our team specializes in.

You'll want to get estimates for taxes and insurance and factor those into your cash flow.

Rent at around $1,300 a month, taxes and insurance pretty much one months rent. 

By the time the flip sells, the rental you wanted is already more expensive, rates changed, insurance changed, and your profit is not enough anymore.

If they are a NNN lease (they pay taxes, insurance, utilities, maintenance) then I would consider it.

I’m based in Coastal South Florida where cap rates and insurance costs have gotten tough — plus hurricane risk doesn’t help.

Since I know a lot of folks here invest in South Florida, thought I'd share the key findings:📊 Key Data:- Luxury inventory at 10.2 months (discounts averaging 10%)- Operating costs up significantly: Insurance +29%, Maintenance +24%- Cap rate spread: 4.7% (Brickell) vs 5.3% (Kendall/Doral)- Condo fees up 45% since SB 4-D passedFull report with neighborhood breakdowns: https://thsld.com/miami-property-management-trends-2026What are you seeing in your markets?

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).