Also, what is the typical rental cap in this area for condos?

These properties are typically valued around $80-90k.

Just shoot me a PMI also put out a monthly market report that I can send out to you if you would like.Happy Investing!

I had forty dollars in my pocket when I reported to work in that fish camp.

Or more typical 2-4 unit residential? 

@Athena Lei The money judgement will stick on their credit report.

@Matthew Charron I do hope someone takes you up on your offer.In case no one does though, I'd recommend you attend a local real estate investor group like Black Diamond REI in southern Mass. or RI Real Estate Investors Group in RI.You'd want to engage several people in conversation, particularly during the times at the beginning and end of the meetings when folks typically network, and maybe ask a few folks out to coffee.Many people look for "mentors", and that might work for you, but another approach to consider would be just to try making friends with people who are one or two steps ahead.So maybe they're not successful full-time investors (the Holy Grail of Mentor-seeking), but instead own one or two rental properties, or have done one or two successful flips, or really anything in one of the directions you want to go.I find that can be easier to achieve, and you can get a lot out of it because such folks are very familiar with the challenges you face - after all, it wasn't long ago they were at that same point themselves.

I'll report back how the process ends up evolving on this property.

Response rates are typically 0.5-2% so the bigger the list the better.

Typically inspections, appraisal, financing.I make sure I keep things moving through so my contingencies get removed.