I have 10+ years of early-stage startup experience and am currently working as a freelance digital product manager.

Through analysis stage if the numbers are meaty enough and I can still cash flow why not right?

You do not want to sell your property now but life events occur and you might want to at some stage; you could be surprised by events.

But the risk is low because the city raises the value of the property while it is still in "paper lot" stage if not before.

By applying the 80/20 law to your list, develop a criteria for the high shot deals and focus your attention on the most profitable opportunities tgat you can identify.You can also cross-reference your list and append other valuable information from delinquent tax and other distress lists.Be sure to continue touching your prospects continually with specific messages that might be appropriate for the stage of probate they are in and the likely problem the PR could be encountering (that you can solve). 

It is always in the regentrification stage. it is not the best area.... check the ratio of tenant versus owner occupied.

I have a few blogs I have written that might help you get on the right track.The first is something to help keep you from getting overwhelmed with all the info on BP:https://www.biggerpockets.com/blogs/5868/52761-the...The second is some tips to get you started with investing:https://www.biggerpockets.com/blogs/5868/52743-im-...and the third will help you sort through agents when you get to the stage of working with one:https://www.biggerpockets.com/blogs/5868/52724-im-...hope you get some value from those.

If you are perplexed by the opportunity at this stage, I'm betting you have a slim to none chance of following through.If it's a simple probate, you get it under contract and let the attorney fo the noticing.

Anyway, I am still inexperienced in the USA/florida market so ultimately i decided to listen but i might still implement it at a later stage unless it sells rapidly

I am currently in education stage in real estate.