Also, I'm looking to form a power team in each of the states mentioned.

As mentioned above, they specifically allow this.  

(May also cut significantly into the current cash flow on it)I know you mentioned not doing a HELOC on my primary, but wouldn't it be advantageous to have the ability to pay off the line of credit instead of be stuck in a payment that is much higher? 

Most everyone mentioned the weather and appreciation due to the weather making it so desirable to live there. 

Quote from @Matthew Irish-Jones: Quote from @Mark Cruse: Yes, there will be more expenses above what's mentioned here but if this is done properly it can be kept to a minimum.

I don't remember the exact cost when I did it but I remember thinking it was cheaper than expected.I didn't see a comment mentioning that you should just include utilities in the rent and increase it based off that so I'll be that guy.

I should have mentioned that I am out of state in Colorado and I'm not connected yet to contractors that I trust to do a rehab.

You don't mention if that's the case, but I thought I'd bring it up.You also won't be able to recognize any loss on the sale if that's the case.

At no point did I specifically mention the Costa del Sol in my comparison between Southern Spain and Southern Italy.

That's why I came across turnkey properties for some hand holding as you mentioned.