Major code or environmental or building and safety violations carry over to the new owner (that's you) - stick to the easy stuff. - Those are some initial things to think on.

Take pics many videos, then call city code enforcement for inspection.Also, look into your state & local laws about escrowing rent for lack of maintenance and follow the rules EXACTLY.

It's easy to fall in to the trap that everyone else has better resources or opportunity, but that's simply not true. 

PCB is a much better fit in my opinion due to higher volume, more commercial, easy access to airport and St Joe the biggest hedge fund in our area investing 100s of millions of dollars.

Hi BP, I am hoping this is a quick and easy question for the community. 

Your invitation to PM you is completely against BiggerPockets rules.

Hey Maryam, that is an insanely loaded question with no short, easy answer.

It's interesting how easy things can be when you listen to the seller's motivations and interests and shift your thought process to make your offer as appealing as possible.

I can definitely tell you there's still a lot of positive cash flowing and 1% rule deals and you get amazing appreciation.

One of the rules in the IRC states that property must be HELD for productive use in a trade or business or for investment.