Has anyone referred to the terms of the lease?

We actually rented the unit back to the existing tenants for as long as they wanted to stay because we didn’t have to do anything to the unit to start generating income.  

I'm particularly passionate about long term rental and fix and flip.Outside of real estate, I enjoy watching sports, I am an insurance broker.Excited to learn and connect with you all!

My plan is to work on on-market deals and focus on building long-term relationships with agents to bring me pocket listings. 

You should not be relying on an appraisal to determine what you can sell a flip for.You should be doing your own research and coming to a conclusion of what you believe it will sell for, how long that sale will take, what concessions are likely in that sale, and what type of marketing it will take to achieve that value.

In state you could live in the property which would be easier to get a loan and most likely better terms, keyword "most likely."

So if you say got a 2-family in one of these towns, you could live in one side and then short- or mid-term rent the other side and max your income out there to pay down your mortgage.

Do you intend to rent the property out via short-term or long-term rentals?

However, brrrr, especially in stable areas can be consistent over the long term and for generations to come.

The version of AI we have now is akin to the first smart phones - mine was a pretty bad Windows phone and I fought to keep my Blackberry as long as I could.