I knew I was gambling when I mentioned money but I've seen plenty of posts asking for advice and only receiving welcoming messages with no substance so I wanted to get some response, even if it was just fishing. 

If you want to stick to your location you will have dance around your numbers...and that's a dangerous dance.

@Skip Gilliam I sense a potentially dangerous combination of circumstances: you have quite a bit of accessible funds, a lot of motivation to get into RE, but not very much lexperience.

You could also not physically see mold but it is airborne at very dangerous levels which is why (air quality tests) are needed.If the roof was patched over the years and now it needs replacing the dues might be slated to go up soon to cover it.Are condo's all that is available to invest in your area??

Make that highly successful and then start adding slowly.Being a DABBLER with some knowledge in a bunch of things is dangerous.

Dangerous to have it open very long. 

They might be in danger of losing the property to foreclosure.

It just sounded so easy, but I believe I am in the category right now of "a little information can be very dangerous".

Zip code shopping is dangerous and should be avoided.  

It is dangerous to do all by yourself.