I went through the same dilemma when I started investing a few years ago.

I purchased three out of state "cash flow" rentals with Evernest.

I believe it is 27 years of depreciation that you hedge against any cash flow you received. 

If, through the process of renovating the property, the market shifts, do you have an alternate plan for the property, whether it be to live in it until the market improves, or convert it to a rental property, etc. 

Do not make the threat if you aren't ready to follow through with it.

You can purchase them through a local dealer that has a good track record in the community.At this time our cleaners take care of the hot tub, but I will say if you have a certified hot tub company that can come weekly, I would definitely go that route!

Therefore, the owner had to go all the way through the courts for an eviction. 

At that point, the clock will restart by 5 minutes after every counter bid, until the bidding stops.With mortgage foreclosures you'll want to guarantee that the property is vacant to avoid going through a messy eviction battle.  

Anything that involves a load bearing wall will generally need an architect IME, but it can also be required (maybe indirectly) through the jurisdiction's building code/enforcement.Got it, thank you for lending your expertise!

Most turnkey properties these days are usually cash flowing $200-$250 per month with 25% down.