Low rent tenants are willing to live with more flaws, fewer extras, and won’t be as demanding about discretionary maintenance and improvements.Fewer evictions.

Russell Holmes Kerwin Montilla Anthony Perugini Hey all, I would love to join a group if you all are serious of taking a deep dive to uncovering what it will take to build new multi units in Central FL.

Originally posted by @Brian Adams:@Ross Williams, I am glad I can be helpful to you and others on BP.I have had a similar experience with over charges and it was uncovered by having controls in place and doing checks and balances. 

There are always deals to be found, but they are very difficult to uncover in this market... especially down here in the wiregrass area. find a good realtor in Enterprise and Dothan.

The assumptions that are made by the respective types does not make their arguemnts flawed, it only shows which type of clientel they are likely to market to because they have found it effective for them.

Not only will it help uncover anything major, but it will also provide you with a roadmap of what needs done to the property to get it ready (and safe) for tenants.

Your feedback absolutely helped.The biggest flaw in my analysis was under-estimating the expenses.

IE guaranteed returns.and to think rents always go up .. is very flawed.. we you are not in SF or Silicon valley( were I was raised incidentally )   But I am sure it will work out.. most turn key companies frown on gurantees as its simply an inducement to sell what could be a not ready for prime time product...

Seller asking an amount too high, or the property has a perceived "flaw."

I think just arbitrarily offering a rate is a flawed way to go about it.