I should have my Agile Certified Practitioner certification by the end of July.The next steps for me are to find my next deal and really what I consider my first deal as it will be purely from an investing standpoint.

Yours may be different.If they are small (thin) it's purely cosmetic and is something that unfortunately comes with the territory.Late, but I hope this helps.

Taking a large distribution from an IRA - inherited or otherwise - creates a significant tax liability.If the purpose of the property is purely investment, then it will be best to make that investment within the existing IRA umbrella.An inherited IRA can be converted to self-directed format. 

Thus, making this a purely appreciation play.

purely rental, not too much personal use?

Of course, this is purely from my own knowledge of the laws in Florida, best to consult your attorney on this as well.

However long term appreciation will provide better ROI than pure cash flow locations.  

FHA-approved Lenders will likely not be fond of you applying for new low deposit loans for different primaries, every year or two, having kept your previous primaries as pure investments!

IMO, it should be priced closer to $120k from a purely cash flow perspective.Who will mow the lawn?

We are a pure real estate developer and development advisory company, in business for over 17 years, having developed over 1,600 units of housing and mixed use projects in the western US valued at over $900M of development value.