You will see things in a different light as you work through them and will be much better prepared to make educated decisions.

I'd make the seller aware of that and let them make the decision.

Do you think that the lack of dining area makes a big difference in renters decisions? 

I will definitely continue to read and understand the rules prior to making a decision on whether it's the best route for me to take.I appreciate the input and link!

I don't want to get complacent, so I was wondering if anyone could share a story where a tenant was great for a year or two and then changed into a poor tenant.

To my knowledge, public schools in that county are poor so the property may be very slow to appreciate.It's a perfect area logistically, right in between Fort Lauderdale Airport and just a little North of Miami to keep costs down.

I suppose that's an individual decision but if it were me, I wouldn't. 

I read Rich Dad Poor Dad last summer and ever since I've been obsessed with the idea of cash flow through real estate investing.

I felt a lot of trust with my inspector and valued his opinion when making my decision to go through with it if I could put in the sweat equity. $205k building, and with a 3.5% fha loan, owner occupied, and in a low to moderate income area, with lender credits, I only put down $4,500 with less than $1,800 in upfront costs, inspection, appraisal.

This definitely helps us with our decision moving forward.