Also, while you might get some tourists who want tranquility, you will most likely miss all the digital nomads and remote workers, who want to be where the action is.On a more personal note, I think that place is boring.

Have lawn person to do it.

I understand that I should have a separate bank account from my personal checking/savings, but based on my research, this first deal won't necessarily provide cashflow with me living in one of the units (it will when I move out).

Hello,
Basically I found a great deal but I am unable to take advantage of it in any way. Not sure if I should sit back or search for private lending but this is all a first for me. Not sure what to do! 
Here’s a qu...

I regularly argue that Dave Ramsey provides excellent, sound, time-proven financial advice that everyone should apply to their personal finances.

I personally have never bought any of Ron Legrand's courses nor attended any of his boot camps.

We're great at finding deceased owners, and working with the Heirs to name a Personal Rep, and ultimately buying their property. 

Looks like the property is in pretty solid shape!

What I do to try to ensure a fair appraisal is I give the appraiser copies of what I believe are solid comparable sales when they walk through.

If you have a solid other source of income like a W2 and it is secure, and it can pay the bills, then this might be worth trying.