I get the gist of this but not completely sure how it works out also would it be smart to use a private money lender for gap funding in order to come with the capital needed to get approved for the fix and flip funding?

If it's a single-member LLC, I set them up myself.

The plan will be to then rent out my condo.

Let prior owner who was a client know that I would be interested in purchasing the property as is for the right price.

Thank you for the advice! 

A tenant may only be evicted on this basis if the property is being demolished or if renovations will a) substantially modify or replace a structural, plumbing, electrical, or mechanical system, and require permits, or b) remove unsafe materials, such as lead paint, mold, or asbestos, from the unit.

Over the last year I have built up a strong Home Repairs business (Eastern NC Home Repairs) that services New Bern, Greenville, Jacksonville, Morehead City, Kinston, and Havelock.

Those incentives can be great opportunities But do the numbers come close to working if you're buying new construction from a contractor? 

This team consists of an Investor Focused Agent, Lender, Contractor, and PM.Read this article on the "core 4".

I want to get into real estate investing and like the thought of having multiple properties to manage.