From what I hear, Joe is an all-around great guy and they have built a strong track record.

Here are the details of the property:- Leased until July 2025: $1400 and $1450 per unit per month- Built: 1930's- Zoned O-2Information in the Rental Report:- Vacancy rate: 5%- Purchase Price: $310,000- Repairs and maintenance: 7%- CapEx: 5%- Property tax: $3,600 per year- Insurance: $2,400 per year- Roof: Broker mentioned it doesn't need immediate attention but will likely need replacement soon (~$15,000).- Cash flow: The report shows a $177 monthly cash flow.- Condition: The house is completely renovated.

If it is a COA, F.S. 718.116(8)(c) provides:(c) An association waives the right to collect any moneys owed in excess of the amounts specified in the estoppel certificate from any person who in good faith relies upon the estoppel certificate and from the person’s successors and assigns.If it's an HOA, F.S. 720.30851(3) provides:(3) An association waives the right to collect any moneys owed in excess of the amounts specified in the estoppel certificate from any person who in good faith relies upon the estoppel certificate and from the person’s successors and assigns.Now there are Master Associations that have an HOA, and the MA has condos built inside them with a separate COA, so some condos can have two assessments, one for the HOA and one for the COA. 

Once built and sold investor takes x% of seller profits and i take rest of profits. goal to maximize on profit as a town home brand new is worth a lot more than what currently is there (100 year home).

A 3/1 built in the early 1900s that has fallen into disrepair over the past 20 years and in needs of a full gut. 

I was looking to have it convert to a long-term mortgage and eventually cash out refinance to build a second duplex once enough equity built up 

You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.

In a Seller Financing deal, once I start paying the seller the interest-loan + mortgage, the equity being built should goes to me and not to him correct?

You'll want to learn about the ins/outs of any HELOC you take as they are not built the same.

Triad consists of 3 cities Greensboro, High Point, and Winston-Salem.This area has seen tremendous growth in the past few years and I can see a lot of out-of-state investors investing in this area.Here you can still get a nice 3 bed/2 bath new construction or SFH built after 2020 for the 270-300k range and expect to get it rented for LTR for at least 1800-2300/m.