That's a pretty simple and good use of technology. 

I am not even sure buying for investment purposes is smart down there anymore, unless you just have THAT kind of money.

After running the numbers, the Cap Rate, NOI, and Cash Flow are all strong, but there is little equity.Would a situation like this be a smart investment for a fix and hold?

Yes, @Christopher L. is smart for doing that.  

If they are smart, they will also understand its in their best interest to give you a fair amount of time to be compliant not just with the law, but to allow the place to look its best.

Any help would be much appreciated; thanks all, and invest smart!

A very smart lady (@Jessica Swingle) recently said to me that many investors wouldn't buy a property where they wouldn't want their mother to live.That's one investment method and definitely good advice.

I'm a technology entrepreneur working in the forest products primary processing industry and also provide technical services to government.

The smart phone/cloud solutions are especially interesting. 

Either by my broker or my title company.If you get a seller who wants an actual EMD paid where they can actually get it if you fail to perform, you are dealing with a seller smart enough that you are probably not going to be wholesaling his house.