A market correction doesn't scare me in the slightest because I invest correctly from day one, with built in equity and cashflow so that I can easily survive during the down years, and thrive during the up years. 

He has 2 surviving kin, one of which is institutionalized, and I'm fairly certain his (middle aged) daughter will want to sell.What makes this a possibly great opportunity is the fact that he was the first owner of the home, built in the late 50s early 60s, and owns the property free and clear!

@Don Harris may have interest?

Michael or Bob at Swaine & Harris P.A. is likely the best firm in FL, they cost a bit more up front but I highly recommend them because you'll save a lot of money on the back.

@Harry Gamble The cost of insurance will vary greatly based on the individual property types, specifics, and locations.

If you survive through the entire 69 page Zimmerman/Volk report let me know. 

One thing is for sure, if we learn to survive in the new lead paint regime we shall dominate our areas...few investors will have the stomach for this.Andrew 

If you have the ability to pay all cash and also cover the rehab out of pocket then you might want to get with @Dean Harris or @Douglas Skipworth as they can help you possibly purchase a home from the MLS and also oversee your renovation.  

They MUST do that to survive.

Don Harris funny enough, I have confirmed with Jeff Johnson for the event this Saturday and have been very much looking forward to it!!