The building is mostly older seniors and to my knowledge it is in average condition and there are no known major repairs.

To ensure its in the same condition as when you got it under contract. 

Petersburg and Tampa real estate market compared to buying small multifamily properties like duplexes.#1 Better Location Selection:Single-family homes with ADUs provide more flexibility in choosing prime locations within these markets.

I love this market for its cash flow potential.

Is there any feedback on the Flint, Michigan market?

You will remain responsible for the rent for up to 2 months - but what we will do is turn on our marketing, find a new tenant, and as soon as we get them in the unit, you will be off the hook for the balance of the 2 months owed.  

For sophisticated sellers with highly marketed deals, invest extra time in thorough due diligence.Next, assess the property's condition and estimate renovation costs.

I'm new to the real estate investment world, and I have a desire to learn more about the best practices in the market.

Run sales and rental comps to provide a market analysis on the property 3.

Thank you,Devin In this market, a realtor could be crucial.