@Steven Gillmer my brother and old Army buds live there and I have also been looking but YES those Taxes are no JOKEI am coming that way in July and may cruise around looking though, Its booming there

Ill be on a cruise next weekend. 

We converted a big sale that saved almost seven figures in taxes, I wanted to buy them a Caribbean cruise after that one and felt like it was still worth the money it was very much a dollars and cents thing.

I know a guy just killing it on cruise-control doing flips.

Your opportunity seems a bit overpriced, without knowing any of the details, but I can tell you, cruising the MLS doesn't often yield homes in the 130s.

Maybe he was a builder and cruising along fine, and then has been caught in a cash crunch over the past couple of years and might loose one or two or three.   

While demand has softened slightly this year, (due to cruising or overseas travel) the travel industry is confident that next year will be particularly strong due to the opening of Universal’s Epic Universe theme park and new Disney attractions.

I also caution in taking on more than double the rehab expense you've incurred in the past - especially with a property that isn't tenant friendly from a parking standpoint; it won't be long before the trekking tenant discovers that trolling for street parking isn't the cruise he signed up for and starts parking in the yard, squeezing in the driveway, or starts claiming defects with the property so he can terminate the lease. 

9) Just some human-side stuff -- when you cruise properties, be kind.

They can send you a standard CT lease and then you can cruise forums for landlords to see which things you may want to add (pet fees, no smoking, etc.)The fact that a lot of work has been done will help you in a C-/D, but choosing tenants is going to be the thing that either makes or breaks you and it's going to be hard.