Another thing to keep on mind is the location of this property is located on a heavily traveled one-way street and there are only 2 parking spaces on the property.

@Ian Livaich To add to @Ryan Short' comment though...this is also going to heavily depend on where you are investing.

As far as I have seen, in my area the HOA cost dips heavily into my cash flow when analyzing apartments.

Your strategy is a consideration for comps, as the comps you seek are also the catalyst for the strategy.For a while, before being an RE Brokerage - I heavily relied on comps from RE Agents, I sought out a RE Agent that was interested in a JV exchange of information: I am a numbers guy, RE agent was my gateway to information, I would trade deal analysis for the Agents clients for comp data access, the RE Agent sold more, I was able to buy more - win win :) Other alternate means, is triangulating data - Redfin, Zillow, Realtor, Property Auditor - be critical of all information, define a timeline and zone, I prefer .5mi-1mi. radius and 6mos trending, some like to use up to 1yr

I know you're heavily invested in Cleveland, and I'm all ears.

Odds are your payment will eventually increase but this practice often prevents that from occurring right away.FL is heavily regulated and you will not end up paying the amount estimated for title insurance regardless of which title company you close with.

The owner was someone I knew that is heavily into drugs.

The Agency’s investigations are complaint driven, so we rely heavily on the public, and our licensees to bring these individuals to our attention.

We would heavily rely on finding good contractors. 

If they have scraped clean the yard, have them heavily seed it, at THEIR expense, and water.