Anytime you are looking at purchasing a condo with a mortgage, the HOA Questionnaire is always going to be a key point of the loan process.

Don’t hesitate to ask questions or connect with others in your nichenetworking is key.

Consistency of your evaluation criteria is key for staying out of trouble.

I think I've done my bookkeeping almost every way you can - from not at all -> keeping receipts in a shoebox and handing over the entire shoebox to my CPA -> running 10-key tapes on all the receipts for each category and handing those tapes to my CPA -> DIY Quickbooks -> paying a bookkeeper to manage everything in Quickbooks -> to now doing it myself using Baselane.

Collaboration, innovation, and ongoing education will give anyone navigating this market a significant advantage.Let me know your thoughts!

What is your price range for the small MF and are you looking turn-key properties or something along the lines of a "fixer upper"?

I know building a reliable local network will be key, so I'm hoping to connect with experienced real estate team in the area.The military presence in Jacksonville catches my eye, and I'm particularly interested in properties that might appeal to military personnel and the associated contractors.

Be clear on the key features, then tell everyone what you want.

Reserves are key as  @Theresa Harris has pointed out.   

It seems you would be using it as a 20% down payment on a turn key ish property.