@Jay Hinrichs & @Engelo Rumora we've got a tax attorney that gets Power Of Attorney to setup and manage the domestic bank account for a LOT of foreign clients.

Here's our suggestions:Read all landlord reviewsRead reviews with life-threatening maintenance (HVAC,electrical, plumbing) from the tenantsCompare to your class of property and tenants.

For 20k in rehab you should have a new ac and furnace, hot water heater, updated plumbing, a new sink in the kitchen and bathroom, laminate flooring in the kitchen, new tile work in the bathroom, refinished floors, new ceiling fans, some light exterior work and some misc etc.

Keep in mind the cost of raw materials (drywall, plumbing, electrical) are the same whether it is a $100K home or a $1,000,000.

Completed new windows, interior doors, plumbing.

Make sure that you have an inspection period of a couple of weeks to get contractors, inspectors for roof, foundations, electrical, plumbing, etc to make sure it is not needing too many repairs.From what you have said, it sounds pretty good.

Trades-- the plumbing & electrician is incredibly resilient to downturns.

I changed a light switch for a friend and house still had old wiring, so expect old wiring & plumbing. 

One option is to rent out an RV (connect to plumbing and electric) and they live in your driveway. 

Be mindful of the state of the property's general structural integrity as well as the roof, HVAC, plumbing, electrical, and door systems.Create a comprehensive scope of work that describes all the fixes and enhancements that are required.