Just to clarify, I think Sam's original post referenced "Vacant Land Sale in Florida" and he later mentioned that his property was located in Charlotte County (just north of Ft.

What I just described is typical for A or B grade for me in Baltimore. 

I have posted responses about that scenario previously.

Be mindful of the state of the property's general structural integrity as well as the roof, HVAC, plumbing, electrical, and door systems.Create a comprehensive scope of work that describes all the fixes and enhancements that are required.

Here's a post I made about helping a client "exit" the landlord stage of his life.

@Chrissy Smyth- thanks for the post ..... there should be some lenders that  can  assist ....several  important questions to note   1) what  funds  did you use for the  purchase ? 

If you don't feel comfortable, hire them to handle it for you.I would post notice and start the eviction process.

If you back out of the deal post eviction then the seller is stuck with placing tenants.

*This post does not create an attorney-client or CPA-client relationship. 

You'll never regret it.I love the way you described this to a T!