So if all that came true, and you made $46,000 less profit that expected... would it have been worth your time and risk to make $23,000?  

To get it at short sale, the seller going through the foreclosure would have to be convinced it is the more favorable option pretty soon and choose to sell at a lose than risk the consequences of foreclosure.

We inherited tenants in a duplex we bought several months ago. 

Buying a duplex will give you more options several years down the road.  

I have been approached by a number of companies who provide housing solutions for individuals with special needs and think it could be a fulfilling partnership, but want to make sure I am mitigating risk and protecting myself. 

If it is the seller, are you confirming they added builders risk coverage and all other insurance is suitable?

Over the past several years I've tried to educate myself on the logistics of buying and managing a house as an investment and attempted to learn from other peoples experiences in REI.

We are about to launch a property there in the next several months.

Of course this could come with some risk. 

Hey everyone ☺️I've already invested in several properties in Florida, but I'm not currently part of any networking groups.