., boarded up and abandoned), but there wasn't any market demand for it.

If you do not close they eat the cost. great if seller demands a quick easy close.

The hoa demands $8000 to settle.  

I own and operate a fishing charter business and I am new to investing.

The properties outside of the current high demand area tend to also be the better value so if you are a long-term investor maybe you buy a little further out with the mindset that the roads will be built.

I do, however, need to reach out to a real estate agent in the area and get an idea of demand on small multifamilies.

Nevertheless, demand exceeds supply, specifically affordable housing under the 200K price point, at or under $100 sq ft (compared to $115-135 sq ft for new construction).

Past trends regarding older generations have usually seen young adults, primarily in mid-twenties, buy bigger homes which are more focused on family building, since millennials are shifting away from these past trends and wanting to live in smaller homes there has been a high demand for said houses.

Supply and demand?  

Is there a high demand for rentals in the area?