Glad to have you on the forum, Carl! 

This allows you to make an offer without a HI contingency which is much more competitive than one with the contingency since you are buying the property as is.You can still get the home inspection after you settle to capture all of the detail items.

I started working with Sal Auciello (he's in this thread above) and we got to the point of doing an appraisal on the house that's part of the park. 

The average sale price for Condos in the NYC Metro area is $649,000 in the last 6 months. 

Skip to the 6:00 mark to get into the nitty-gritty.

It depends on the deal.

They all talk about the pros of section 8 but not many get into the cons.

The Long-Distance Real Estate Investing book is a great one to get the lay of the land on doing it from afar, but getting on-site experience will also be important in your journey.

I am going the exact opposite direction, we have two accounts.

My partners and I subdivided the property into two distinct rental units:Unit 1: 2 BR / 1 BAUnit 2: 1 BR / 1 BAGiven this setup, the property is now being used as a multifamily dwelling.