They would never look at 99% of the 154 units that are listed on Zillow at any given time.I used this exercise to show how opportunities fall through the cracks & most investors make investment decisions based on bad or irrelevant data.

I’d rather pass this problem off & keep shopping options. 

Hi @Douglas Alexander, I've used the VA loan many times, but never for MFR.You can't use it for more than a 4-unit building, so 1-4 is OK, 5 or more... nope.Great plan though to house-hack it.Let me know how your research turns out ref. building from scratch.Could be an interesting idea... build like a 3/2 for your family and 3 more smaller units.Then when you move out, you can rent the 3/2 for more obviously and could earn some good cash flow.

If you are not you need to save more money. 20K will not go very far on a property fi you are not going to live in it. 

From what I read on the forums, section 8 works well in certain markets and not in others. 

You will trust too quickly (hire a fake guru) or never trust at all (analysis paralysis) and find yourself stagnating.If you aren't working on yourself as a person, you aren't working on your business.

No and you need to put this on hold and research the condo nuke that's about to hit Florida in the form of new legislation that no longer allows condo boards to defer necessary repairs. 

Would a court allow you to collect twice- make a windfall profit on this mistake in renter judgment?

A lot of development is happening and she is not sure if she should hold on to it or try and sell it.

Then it'd on them to either take it or not.