Regardless,  HML's should typically be utilized for short term projects ~6 months since you're typically structured as interest only so take that into account.Also, some banks will take 6 contiguous months of rental income as proof of income for a cash-out refi.

I'll start off by saying believe in the power of CL (craigslist) I don't let a day pass   without utilizing that site.my advice to you would be log on CL search area's within a 2hr distance from you go under real estate fsbo filter your search with we buy house's or I buy ugly house's and investor special,once you find these ads start making phone calls,reason being these investors know their local market and have their hands on the pulse of that farm area.After dissecting all the useful info from local rei,I generally go to google streetview and walk the neighborhoods to have a better understanding of there market.Trust me it works I just closed 3 wholesale deals in Birmingham,Al using those same techniques,I was fortunate enough to find a we buy house's sign on a street corner zoomed in on the sign called the number and almost 2 months later the deal was funded.I hope this post serves you willCheers!

x unitsMe: are utilities separate?

I plan on purchasing my primary SFH in 3 months utilizing my VA home loan, BUT I just came across a very good deal on a Condo here in the Orlando,FL (I checked the numbers,comps, etc).

If so, either the sewer was built in the wrong place, as your utilities can Not cross another owner's property, without an easement, or there is an easement.  

2) Utility - If I can't use it as intended, what good is it?

taxes, insurance, utilities, wages, maintenance, grounds keeping, snow removal, any other common areas, laundries, playground, club house.What are the current owner's income/  Tax returns would be nice to see. 

It looks like they're too high for the average person to reach and really utilize.

Utilizing life insurance to "buy out" other side of family.

Another hurdle that I am running into is the lack of capital, raising a family in NYC is not cheap.Current Position and ExperienceI am an accountant who works for a major utility company in New York preparing Financial Statements that are filed with the SEC.