The house currently has tile throughout, however, the br are different color tile than the hall, and the 1 bath has a different color tile than the br.  

I’m liking th price and look of the wood looking porcelain tiles.

So far I have found @David Greene 's, book on Long distance real estate investing insightful an helpful in laying out a foundation from which to proceed.

From what i understand it will need a full gut, new electrical, new plumbing to replace copper pipes missing, new drywall since electrical and plumbing needs replaced, along with probably new flooring throughout, paint, kitchen cabinets, bathroom vanity and tile...

If it was me I would not take this laying down the way you are going about it .

Unlike investing in houses, land investing wouldn't require me getting a loan or laying down significant cash.

Sure enough, while moving-in on 7/18/18, we saw Comcast outside of our house digging and laying the internet/cable lines. 

I do believe his idea of 32+ units to start with is somewhat unrealistic, however he does lay down some very important and interesting points that let's you know it is possible.

In a perfect world: (in no particular order): Square/rectangular shape, 1-story, open floor plan, lower pitched roof fully trussed, slab on grade monolithic foundation, 24 o.c framing everywhere, T1-11 plyw. siding, minimal windows, minimal doors, minimal trim, minimum code electrical/HVAC/plumbing, carpet everywhere, avoid tile, laminate countertops, Home Depot cabinets, basic fixtures and appliances, no fencing, no trees or old stumps, minimize landscaping, minimize driveways and walkways, forget pavers, cleared flat lot, no fill, utility hookups available in front of house and best case they are aleady tapped, inspectors are easy to work with and pass everything the 1st time, subs show up when they need to and actually care.

I think this would be more effective than laying out all of the details on here and getting lots of advice, as there are layers to it.