One thing to note- the building is older (built in 1922), is considered in a historical district, and although each unit has been fully renovated, I have not upgraded all the electrical/roof and plumbing, so that's on the older side which I know is more challenging to get insured... 

“This needs a new roof, the plumbing is outdated, and look at these cracks in the foundation!”

Insurance fell dramatically since a new roof was put on and I switched carriers. 

If you find a seller willing to carry a large note, that business is likely going to need a significant time and money investment from you post-close.Lesson 3️⃣ - It’s not that hard to be a good buyer.

Paint, Plumbing, Roof, Flooring, appliances.B- neighborhood.55,750 down payment + 20k in repairs.  75750 all in.Median rent for the neighborhood is 2k.532 cash flow.I already asked them to drop the price by 15k for us to remain in the deal. 

Check out this site - https://theluxurypergola.com/blogs/louvered-roof-info/hurric...They cover wind resistant pergolas in general but I would make sure whatever you get will be able to stand up to hurricanes that happen there from time to time.

Properties built with steel beams, both roofs less than 10 years, all heating systems under 5 years etc. 

Many real estate agents are  saying rentals are great, that are not buying themselves.If you had a roofer come to your house and look at your roof do you think they would recommend a roof?

Shed has collapsed roof.

Crime is thru the roof, homelessness, high taxes, etc.