However, if I could be under contract maybe they'll grant a short extension.

For instance, a beachfront condo with a spectacular, beach view from the living room and balcony, priced around $600K, only generates a gross income of about $50K.

For instance, I think any place that's flood or hurricane prone (coastal places, Florida, etc.) will have sky high insurance so I'd avoid. 

This is a place for people to gain knowledge and education and ask questions to get guidance.I have seen sites where GP’s are not allowed to comment on posts (or even see posts in some instances) that were from a ticked off investor and personally not a fan as if someone can throw shade at another person / company without any consequence and / or allow the other party to respond - I feel like it’s just another form of censorship which I oppose

This strategy can be effective in real estate investment to build an extensive portfolio without paying taxes on every transaction.

It has also gotten much more expensive unless you are willing to do such high deductibles that it makes you feel uncomfortable.2) Remodels: Not only is cost of construction high, but homes are only getting older, which means the projects are getting more extensive.

Know the lenders requirements for the loan types you will need.For instance you may find you need to have liquid cash of 9 Months P&I and 100% of the loan amount as your personal net worth in order to avoid personal guarantees on the loan, and your retirement accounts may not count towards your liquidity.Know the requirements of the loan products for the apartments you want to buy.There are no books for that, that I know of--just lenders info.Because without that all else is just scholastic exercise.Good Luck!

It may make you feel better that you have it, but many instances its useless because its not the right situation or was done properly. 

Built in 1982 and renovated in 2020, the property has recently undergone extensive capital improvements.

For instance I had a special case where I billed the tenant an extra expense monthly on top of the automated rent collection, so I add it as an expense and it would automatically email them and notify me when it was late of course.