@Willie HoldmanBeyond purchase, the issues I see have to do with......management.

I work for The Realty Medics, a property management company here in Orlando. 

One bug report and one request:1) LinkedIn account link feature asks for the full web address, and then puts it in the URL twice, which returns an error.2) Can we add "Asset Management" to the list of Software > Specializations? 

At Holton-Wise when we manage the property, WE MANAGE THE PROPERTY.

Personally, I don't think this is a long term successful model in terms of risk management.

She manages short term rentals and may be able to help you.

I would appreciate anyone’s insight on managing contractors quote and how to manage repairs in a cost effective way.

One common distressed seller I've been finding are landlord-managed multifamily properties that have a commercial side and residential side in C/C- areas.At first glance, they have good cash flow... but they come with a tangled mess of existing tenants who pay way less than market value and usually have a longer term lease on the commercial side, meaning you'll have to sink in a lot of time and energy to maximize their profit.It seems like it could be a good niche to go after if you know how to maximize the cash flow OR it could just be a massive headache and money sink if approached the wrong way. 

The main things of not being local is finding a good property manager that handles the day to day and maintenance but most of all screening of potential tenants.

Finally closed on the 4-plex and been property managing for the past 2 months.