The term "distressed" is relevant to both the physical condition of the property, as well as the condition of the title.I do primarily REO properties, usually I am directly with the financial institution that foreclosed, but sometimes I work through a processor or another agent, depending on the deal.Offer responses will sometimes take 2-3 weeks.

I will get my physical eye on it this weekend. 

There was never a problem until now.To be really honest, after seeing her suffer and completely break down physically, it puts into perspective that money isn't everything.

Then you are responsible for the home until February 28th, even though you already physically moved out.

Tell the tenant in a pleasant straightforward manner, "I will not do anything to the flooring because it is in good physical shape."

However I soon realized, though I kind of always knew, I do not want to do physical labor for the rest of my life.

Would I have to be physically present at any point?

Jeff,If you have Checkbook IRA, that means that you have a custodial self-directed IRA which made investment into single member LLC of which you are the manager and your IRA is the member. 

I agree with @James Wise that you must cover all of your bases when investing in a property that you cannot physically see.

Submit offers subject to viewing the property, don't wait to physically walk the property.