I wonder if it would make sense to have the agent who's representing the other property near by to give me their opinion or do you think this would be a bad move?  

There is an 8 unit building nearby (Southern NH) that I am interested in.  

For fix and flip try to stay in areas with at least 2-3+ comps nearby.

You can also start one locally and be surprise how many other local REI are nearby.  

Fewer 4plexes means comps will be harder to find which can make financing much harder, in some market periods there may not be any decent comps and that may mean limited financing opportunities.The more marketable a property is, the better.

As far as I understand if you rent your condo out for fewer than 14 days at a time then the rental income is tax-free (other than income tax)Does this sounds accurate?

Thanks, I had reservations about it but with the market heating up I was going to really cover the nearby counties.

It does make it harder to sell only in that fewer people will qualify for it.  

Are you looking to move out of state or to a nearby area ?

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