You could register as a sole proprietorship, LLC, or Partnership.Locating a property within an OZ is a simple process, the zones are clearly identified and maps are available. 

My question is “how can I identify the mortgage amount on the balance if the seller doesn’t know” ?

The first thing I do after my miracle morning is check the MLS and other listing sites for new deals, analyze deals from real estate agents and wholesalers, and then identify 1-2 off market properties that I am interested in and make a plan to contact each seller. 

It looks like the bank has identified it as abondoned as there is one of those stickers on the door.

The meeting is a requirement and is intended to give property owners in the area an opportunity to learn about the proposal that affects them and to try to identify concerns.

That’s really what we are trying to do is one get comfortable with analysis and two identify what a good market to enter would be.

That will really help you get the math right so you can identify a “good” deal.

I am initially going to invest while using my full time job as leverage to generate a second stream of income to achieve my financial goals.I love to network and identify how my skills & strengths can help others. 

I think your realtor has already identified one to you already.

Then get a reserve study done, start identifying any immediate issues, unpaid taxes, utilities, pressing maintenance, audit any accounts owned by the HOA.