It will definitely be different in Davie, but a lot of the components are the same.

Your maintenance/cap ex is far too low if going sustained costs (full lifetime of all components).  

It depends on the component.

Some will rightly view as a negative, but I see value in some of the software options (like AppFolio & Buildium) that aren't a one-size-fits-all, but rather you can select key components you need at your current stage (and only pay for those) then augment the services as the need arises. 

This is just the normal operating costs, never mind the big things that come up occasionally with capex like when you have to replace a major component (furnace, water heater, sewer line, driveway, steps, deck, windows, roof, doors, siding, landscaping, etc,) and it costs $10-20k.

This meanse that if you buy real estate this year (or had bought real estate after January 19, 2025), you can fully expense eligible components like appliances, flooring, cabinets, and land improvements...in year one.You can't depreciate the entire purchase price of the property, though.

Starting out, liquidity is usually one of the larger components for financing as most lenders will want to see that you have x amount of reserves available beyond down payment and closing costs. 

Two critical components that are often underestimated, tax planning and asset protection, can make the difference between short-term gains and lasting wealth.It's easy to get caught up in the excitement of acquisitions and high-stakes deals.

Your returns will be highest when there is a value add component, so I would figure out how/if you should be doing value add.

I also need to become better versed in the legal component of real estate as well.