Risk is that if you don't do location + deal due diligence properly and work with incompetent contractors, you lose money.

It’s stressful, risky, and expensive even for an experienced, local investor.  

This is a risky standard, Rogelio.

The reassessment risk is real, but probably more predictable than in a rapidly developing area, like Woodlawn.  

Don't rush to throw that 10k into a risky investment.

A month-to-month lease is a smart approach because it gives you flexibility if things don’t stabilize.However, if the new applicant does not meet your criteria or seems risky, then a mutual termination or eviction is the safer route.

Totally get the appeal, but 100% financing always feels risky to me—if you’ve got no skin in the game, the lender or investor’s taking on all the risk.

Extremely low.This neighborhood is full of:Garage conversionsBasement-like suitesNon-conforming ADUsRent-by-room setups“One ADU on paper, two ADU in use” situationsCode enforcement in Tampa typically acts only when:There are complaints, orYou do unpermitted structural workIf you stay compliant on the building side, the risk is minimal.7.

Without overwhelming you with options I would start narrow down what is less risky and still give you a stable income from the rental unit + some future target for the next property. 

on top of that if your talking remote rehab nothing is more risky in REAL Estate than a remote BRRRR