Triplexes in a good location in Ocala can be bought foreclosed for under $90-95k and needing a moderate amount of repair/rehab.Can pretty much say the sellers have the upper winning hand here, and youre basically making their day.

Property is located in Florida near major city.I am able to purchase the property but I will need to a partner or investor to cover the rehab portion.

I like that unit because of it's location, but at the current rate, numbers-wise it makes sense to sell.  

Note the location of the brick fireplace barely seen on the edge, because the photo below is the other view of the 1st floor.

They are based in northern NJ but don't think they have limitations with regard to location 

Other option is executive housing for doctors because of the location-White Bridge Pike in between Harding and Charlotte pike. 

I am located in NJ.

Where is your lot located in Fort Myers?

I have written extensively in my BP blog on one such company that I have made numerous investments in:Have I Found the Holy Grail of Passive Real Estate Investing?

I was considering trout river location to buy single family homes. murray hills homes are on the rise and cost over 90k for a descent single family residents. since you in the area what do you suggest I invest my money to build a nice portfolio of rental properties.