Let the agent know you will need an agent when you fix it up and want to resell it.

Mortgage monthly: $1310.25Cash flow (not including vacancy 5% or maintenance): $900 roughly ROI: 13% roughlyIf one unit is rented out, I at the minimum will break even cash flow.Three concerns: HOA, property limited to age group 55+, and resell will be difficult; however, this can be a solid buy and hold for long term.

There are two newer homes (less than 10yrs old) across from it so that should help with resell or rental value.

It's possible this was a fix/flip the investor is reselling as well.

Quick question, in Rich Dad Poor Dad Cashflow Quadrant he outlines a "simple" strategy for becoming the bank, where you purchase, then resell a home using a "lease purchase contract". 

If your buyers already have a number they're willing to pay on that particular property you can cancel the contract, use an option contract which allows them (the seller) to still market the property for a higher price but also gives you a timeline to assign or close and resell at a specific price.If they're aware of all the costs associated with selling on their own or with a realtor as well as the timeline, the benefits working with an investor offers and still want a higher price you have an unmotivated seller. 

Property you bought primarily to resell (flipping) do not qualify for 1031s.  

As far as resell, consider professional.

If the bank uses Fannie Mae guidelines (so they can later resell the loan), it's either six or ten depending on the underwriting method, but I also know that lenders I talked to in Florida were using a more conservative limit of four.

If prime rates are a few percentage points higher than your underlying loan and the asset is appreciated significantly, then it would be in the bank's best interest to foreclose and re-sell the asset.