@Lumi Ispas  not sure they are habitable.. but its close to you take a run down there

Commitment to the Small Disciplines - Once you have studied successful people and their habits, begin to take action by emulating them.

So, know the metric you care about most.You should get in the habit (if you aren't already) of running deals on a spreadsheet and looking for deals and or errors in your number.

@Ibrahim Alanqar, the first thing that springs to my mind is: how will you find suitable deal/s for flipping, when you'd always be competing with cashed-up Investors/Flippers in the first place, who don't have to wait the length of time you would need to in order to close (and who therefore can get discounts easier than you, even though you'd need those same discounts), and who don't have to worry that the home may not pass the "habitable" test. 

they once told me that it just meant it was not habitable and if it was not repaired soon the city may require it to be demolished. 

Run your life like a business so that you are in the habit of being responsible and resourceful with money and it will be easier to buy property and run your investing business successfully.I would say if you see the right deal take action.

Residential leases usually have an implied warranty of habitability, which basically means the premises must be suitable for human habitation. 

They also have a bad habit of leaking during tropical rain events.

But you have to have a safe and habitable place, and get insurance to cover renters.

I hope to one day get back in the habit of engaging in cash flow notes again.Which leads me to one last question... in your journey in real estate investing, have you ever completed an owner finance deal with a homeowner and sold a part of your future cash flow?