The home was on the market for an extended period of time because the renters smoked in the home so I was able to get it 20k under asking price.

Looking for suggestions on a white paint color to go with the dark wood trim. 

Have cash buy their smokes, lunch, and their music. 

What’s to stop me from joining the community right now, taking out as many gator loans as I can, and then going dark? 

my ex tenant was picked up for smoking pot - I wasn’t held liable for that. 

And along the bay generally there is no smoke there :)  ANd if there was it would be quite short lived.

(Everyone complains that they can smell each other's food and smoke and  in each other's apartments ) The building is in Northern Jersey where I believe the building is responsible to provide ventilation by law. 

For example, you go to a high property tax state like Texas and you may find a property that appears to fit the 1% rule but once you factor in the $500/month property taxes and $100/month insurance your potential cash flow has gone up in smoke.

., smoke detectors, proper handrails).

You could technically just make an offer, but without prequalification, it’s a bit of a shot in the dark.