Automation is the most powerful tool businesses could harness and with so many platforms and technologies to leverage there are many ways to achieve a level of automation to streamline processes. 

Things I typically work through with my clients are (1) risk tolerance, (2) price point, (3) level of rehab, and (4) exit strategy, to name a few. 

Understand what finish level gets you what price point and when amenities are a waste of money and when they are not. 5.

If you try to cover it up with 1/8 drywall, there are obvious sagging areas that you’re not going to be able to deal with and keep a level ceiling.It’s easy to see what happened.

Would be more work but could be worth it for a few years to get into the market.A very high level example:  600,000 purchase price (or 550 + 50 reno)20% down (120K)Mortgage for 480K, 30 yr @ 2.99 = $2016/moLet’s say total monthly expenses are $28002800 x 12 = 33,600 annual operating expense150/night x 365 = 54,750 (150 avg, higher in summer, lower in off season)15% vacancy (8,212.50) = 46,537.50 - 33,600= 12,937.50 annual profit or 1000+/month Who is having success with this?

Anyway, the Duval county website has a handy property tax estimator - here's a link:http://taxcalc.coj.net/For a $150k house the property taxes would be about $2700 - assuming you don't have a homestead tax exemption, which would reduce the taxable amount by $50k.The rates for homeowners' insurance vary widely based on many variables - the age of the building, age of the major systems (roof/electric/plumbing/hvac), size, flood zone, and level of coverage desired.

I'm not sure what the scope of your project is, but it can easily take 3-4 months just to get permits in DC depending on the level of construction.

Granted it mitigates the risk but you also lose a level of control.I understand the value of partnerships, as I've already done a few.

Our level “comfortability” has also gone up with the kiddo.

In terms of Syndications -- there are a wide range of syndications and sponsors to choose from, with each deal having a different level of risk/return/sponsor experience AND business plan (development, value-add, etc.)