Do you need to empathize with the seller and their situation?

They paid 3.7 million for this property at 29% occupancy. 

You've got this...

The city may require more off-street parking as well.

.• This balloon payment will be paid through a cash-out refinance of an investment property valued at $198,000.7.

I've done this so many times it is crazy, so speak with experience.Also in small towns trades can be tricky. 

Trying to understand what multi family rentals are and learning how I can invest or convince myself to invest into it or learn more on this topic to understand this is not my path.

Hey @Isaiah Cortez, here are the deets on STRs via the city - https://www.fortlauderdale.gov/government/departments-a-h/de...I don't have any real insights on the area, but do a search and you will find some details.

More importantly, how’s economic occupancy via delinquencies?

This is a great place to learn and to connect with people so take advantage of all the great resources.