For those concerned about the liability, that is my hesitation as well.

What is the status of that well?  

I'd recommend periodically visually inspecting the water drainage flow every so often and advising future tennants that the a/c drains there, therefore please make sure that that sink drains very well at all times and notify you asap if it does not.  

If you continue to own and manage this or other properties, you will find that tenant selection is one of the most important skills you must do well in order to succeed. 

I’d also love to connect with a knowledgeable real estate CPA as well as a lawyer in the Orlando/New Smyrna area if anyone has recommendations!

Been doing my due diligence to find some homes in the Raleigh area that are pre-foreclosured on as well as foreclosed.

@Lucas Hunt I'm curious as well.

I highly recommend a well-qualified REALTOR that works with investors and knows how to best help you.6.

Unlike your situation, the parcels were always separate from each other, but the sellers loan was collateralized against both the single family home parcel as well as the vacant parcel.

I find couple hundo on a mortgage we just piddle that money away any way might as well do some good with it..