I'll check them out for sure. 

I would love to meet you when you come out some time.

I’d even consider finishing the basement, just well enough for me to live down there, so I could rent out ALL the units.I’d save all my cash and look to refi the property in 1-2 years out of the FHA mortgage, so I could use it again if necessary.

the claw back provisions will track your property even if you exchange out of state. 

For us, still in a growth mode, we take action and figure out how to redeploy that equity into other real estate through either cash-out refinancing or selling and 1031! 

I believe he just sends his guys in and tells them fix whatever needs fixing and take as much time as you need with no checks or balances. 

Quote from @Stephen Magee: Out of state investor here - just purchased a duplex near Naples botanical gardens.

You could use a combination of the move out inspection from the previous tenant and listing photos.

Having people write Spark Investment checks for $25K, $50K, $100K and more.

You may be better off with a higher rate and the flexibility to access the equity in that property to grow your business or even bail you out of a jam.