Outweigh the profits to the cost, to the effort of keeping it, maintaining it etc. etc.Keep in mind, many investors would die to own a money generating quad.It also depend on what your goals are.

But they were not well maintained. 

The price to create and maintain an LLC can vary dramatically.

BRB's books and electronic products point the way to over 28,000 government agencies, and 3,500 public record vendors who maintain, search or retrieve public records.For what I can see, at least for Florida, you can find property taxes information for all Florida counties. 

I'm aware condos come with their own specific set of risks, but it seems like a deal that can be profitable for me.I am a little wary for the HOA. the HOA fee is only $80 so not sure if that's good or bad, but there is no pool or major common areas to maintain so I think that's ok.

Although I needed cash to buy into deals and pay for the rehab, flipping is hard work while maintaining a full time career and raising a family.The "WHY" for me is ALL about FAMILY! 

You should ALWAYS assess late fees - the only exception to this is a tenant which is late for the first time on rent - for first-timers, we typically assess the late fees and then waive them once the payment is made as an attempt to keep a good relationship but, the thing here is: 1) they don't know that late fees will be waived and 2) you should try to maintain a reasonable good relationship because after all they are in control of your investment. 

Massachusetts for instance maintains a website that indicates which homes have had testing for lead paint.

I do not live in my invested area, so I am managing my units remotely while maintaining a full-time W2.

If you are an expert at copywriting/marketing, systems, follow up, time management, customer service, interpersonal communication, negotiation, web development, blog writing, team managment then quit your job and jump right in, or if you maintain good relationships with about 10,000 people in your local area.Most people fall for the idea of what life could be like if they are one of the two above.