You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a tax strategist who is willing to work with you throughout the year, not just when preparing your tax return.

Any thoughts on neighborhoods and areas you would focus on?

I thought I need to have a local contact- someone can come within 2 hours if issues arise?

I mentally prepared to pay longterm capital gains tax - as it would hard to find a good deal soon.my hope is yo buy a bigger property after the market corrects .I have more properties, not thinking about to sell as they are providing great cash flow .

I was house hacking at the time, before I even knew the term, and thought “maybe this could be my full time job?”.

Prepare a compelling business strategy and show off the property's profitability.Seek out vendors who are willing to take on the property's finance.

I feel like I can't because those are apples and oranges but just thought I'd ask. 

I thought funding the deal was the main problem im facing but back to the drawing board.

I can almost hear right now your GP coming back to you in 1-2 years saying construction costs have gone up, lease up is taking longer than expected, rents concessions are much greater than we thought....and now there are 3 competiting developments within a mile that are crushing our rents.   

The property is located in North Miami, FL. I'd say it is a solid B class location 5 min driving to home depot, whole foods, publix, LA Fitness. 12 min driving to Surfside beach and Bal Harbor. Sales price: $900,000Se...