Just currently waiting to take my exam in May.

It is extremely important that you know the basics of real estate as agents learn for their examinations with the exception of state real estate commission related materials.70%, I'm sure after being here for years on this site, of the questions asked on BP have the answer in the basics of a formal education in RE.Can you, as a newbie (or more most here with years in doing what they do) imagine being able to give an intelligent answer to 70% of all the questions asked on this site after receiving about 2 weeks of training?

It says: It says this:INSPECTIONS: The buyer shall examine the property to determine that its in habitable condition, AS IS.

Have you examined the actual codes your locale uses? 

Wife and I have been California Salespeople for a number of years, have rental properties and property manage about 55 units. My wife just took and passed the broker exam today and good thing as our broker is retiring...

., have great data (actuals), but their projections can be, and should be called into question and examined.

In fact, if you examine Michael Blanks, Brad Sumrocs, Rod Kleifs, etc for apartment syndication, they are largely the same model.

There seems to be opportunity in Fellsmere and Sebastian, to the north, which is even quieter than Vero.I'm not in a position to help with any deals just yet, as I am preparing to take the state license exam in a few weeks, but let's stay in touch! 

However, I have an older friend who is advising me to have a lawyer examine the abstract - he has done this for 50 years in lieu of title insurance.

If you want to buy and hold for cash flow then you need to examine your options - locally and out of state.