For people who don't know it, in a few words, the PILOT program offers significant tax brakes for 10 years if the owner invest $1M in renovation.

Somethings you can keep but should be familiar as any place old or new will brake down. 

Awesome mateTeam first and then the market.Find good and competent people.They will be in charge of "making" or "braking" the numbers that the market offersThanks

Has ac window units and no mechanical in the unit to brake. 

However the one I met with said that many of them in my area (Jacksonville, FL) have put on the brakes with lending.

@Matthew Murray - It sounds like you may want to pump the brakes on this deal until the investment is more clear for you. 

Make the people driving down your neighborhood that are on  the way to see another rental, put on their brakes to stop and see yours!   

Current influence levels would transfer over with the previous 5 rules applied to them, thus "leveling" out the system and the previous scammers for influlence points would thus be corrected somewhat.I do not see a need for negative votes on posts (will likely only cause problems for Josh and BP Nation, but do agree that when posters brake forum rules, they get docked points (as is the current standard) and as users do not actively use the site, their points start dropping off (at whatever rate you figure it to be).I guess you also have the option to continue to display the "old influence" points on a users profile if you so choose to.

The transfer tax certification form may be useful and brake it down for you. 

To get true cash flow in this rent range, you will need a bare minimum of 1.25% which puts you all-in at $400k based on $5k monthly rents.Now, if your play is to brake even or even be negative, but this has super appreciation potential, then that may be OK, depends on your tolerance for guess work (appreciation) and potential negative cash flow.