If they decide to move out you can do the remodel. 3) are the tenants in any kind of financial situation to buy the property?

The owner is living in the ADU and renting out both levels of the main house on AirBnb.

I wrote the above for informational purposes.

Hello buyers in the Spokane, WA area and the PNW!

One of the ones we did, the cabin had an upside down garbage can dug into the yard for a septic system.   

Quote from @Jack Schwartz: Quote from @Kristine Ann: I think it's great that this post is basically pinned to the top of the tax lien and foreclosure forum. 

My wife and i are just starting out in real estate investing in the Grand Rapids, Mi market.

If you rent out the downstairs for $1400, you will essentially pay $1,600 for the upstairs apartment.

I am not familiar with Horn Lake and the economic conditions you mentioned as a CON, but if you already have those concerns, on top of a large rehab, which typically don't shrink as you get started, and being OOS and needing a PM team, you may want to consider other options as you get started. 

@Liam Alvarez  I've never seen an app or a website that analyzes all markets and spits out the top 3 you should invest in for the highest returns.