As noted above, having an agent that is familiar with investing can help in how the investing market looks versus how buying a personal property looks.

I’m curious if you’ve had experience with this approach, and if so, I’d appreciate any insights you might be able to share.Additionally, do you have a real estate agent you would recommend who specializes in investment properties in the area?

In fact it's the exact opposite, 1% of commercial agents don't know what owner financing is after doing this model daily and speaking to 100's of commercial agents.

It's not difficult (shouldn't take long) to get flood insurance quotes (NFIP & private) if you work with a good agent.

Any investors or agents in Porto?

I'm an agent and investor in Sacramento.

A good manager will handle everything from marketing to maintenance and tenant screening, saving you time and stress.Vendors and LandscapingBuilding a team of dependable vendors—like landscaping companies, contractors, and insurance agents—is critical.

Since I'm taking such a cash hit, I asked the sellers agent if they would be able to designate some portion of the sale price ($200k?)

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I’d suggest beginning by connecting with an agent who specializes in multi-family properties.