Some of the options are: short-term income, long-term income, flips, wholesaling.Within those categories are sub categories like: single-family, multi-family, vacation rentals, and many more.Once you have the goal in mind it changes your whole perspective, you can talk to everyone you meet about it, and they will be your lifeline for finding deals, etc. 

@Anthony Frank I'm usually at the meetings but I'll be on a much needed short vacation. 

If I bought it, I would rehab it and use it as a vacation home and rental.It seems that some people don't trust remediation efforts to fully remove health hazards -- even if the remediation procedures follow state law.

I wouldn't fine, I would go right to a notice to vacate. 

@jeff t if your unit is on the beach why not put it on a vacation rental site like Vrbo and rent it weekly until you can rent it full-time to a long-term tenant.

(buy&hold, fix&flip, new build, vacation)2.)

I have the same dilema.I took 2 weeks vacation from my 'regular' job to help an investor/partner who is looking for property he can purchase at below market price and flip.  

Usually the only properties that are furnished are vacation or executive rentals, not long term (1 yr+) rentals.Ed

Now, it has been over 30 days, passing the time to fight the judgment and the hoa hired an attorney that has threatened to file a vacate motion.

We notified HUD in May that she was not going to pay any rent or back rent so they issued her a notice to vacate on May 29th.