Theres someone living in the side that I will be occupying until the 1st of February, but since I JUST became the owner, would it make sense to reach out and ask them something like "Hey its __ the new owner, just checking in to see how you're doing.

From the financing side, condos are difficult to finance as a qualified mortgage, because there are so many variables with the HOA and the fees, especially in Florida since the collapse of the condo in Surfside and the new Condo 3.0 safety laws were passed. 

You'll find more 2-5 units in some of the older parts of our city right outside downtown. 

This should be 3-5 quotes for you to get an idea of the true number for fixing it. 

That’s your home mortgage interest as well as property tax and insurance for 2nd half of the year.

I walked to the house and met a man who says he was cleaning out due to the loss of their mother in some few weeks back.The guy told me she is  left with 12 years mortgage on the property to pay the bank.

Just be aware of that.

Amount Down – The beauty of assumable loans is that you can often purchase a property with far less than the 25% down required for conventional investor loans.

He even agreed to selling me one of his since it’s already performing and ready to go.

Welcome to BiggerPockets Ricardo and best of luck investing!