Find something in state or the next state over that is in driving distance. 

In our lovely state of WA once the removal is approved, it could take another week or two until the sheriff gets to the property and posts the legalese paperwork on the door(they are busy), basically telling the bum that he will be tossed on XX date. 

I maxed out my conventional rental loans when I had around 20 units, and that was basically hellish. 

Panicking sellers may temporarily drive prices lower, but stabilization is expected.

It's basically a ruined farm house with 3 structures.

Basically, this property cash flows.

If you could get some interest by someone that does that, it might help you drive the price up and/or get a quicker sale too.Those are some suggestions for getting value or maybe a quicker sale. 

We are having a hard time coming to a consensus of how to identify, underwrite, and basically take the jump. ( we don't want to screw it up lol) I've searched this topic on the forums but figured someone could give some insights given our situation.

Stop with the guru sites, the videos, all that nonsense is pure crap designed to drive the lazy into highly risky investments or investment schemes that will surely see you make a little or lose a lot. 

If you want to drive streets and try to find it, that could work if you have the time.