I’ve became abscessed with searching for property on the Internet keeping all the criteria in my head that I have learned.

There is a housing shortage in the city and rents for this are going for $900.Manufactured Home 2bd / 1 bath Current: $17k cashARV: $25,000Rehab: $3,160 Space rent: $515Rent: $900Tenant pays water, electricity, internet, etcIt feels like a good buy and hold strategy because rental are in such high demand in the area. 

I've read in various internet posts suggesting that a sheriff sale gives the property a "clean slate".

This strategy is all over the Internet and allows you to pay your home off in 5-7 years if done correctly.

They will need a decent headset plus reliable and fast Internet access.

As always, don't trust the internet, seek professional advice.

Well here are few that I can think of:- You are an Accountant - who views the reports once a year to do taxes (That is it)- You are a Bookkeeper - you want to do the data entry because it does not make you money- You are a DIY QuickBooks user - who will surf the internet and YouTube for answers and not have the full process, procedure, and solution- You are a CFO - review your financials every day or week, depending on your business goalsNow let's get into the nitty-gritty:- You as a business owner should look at your reports by each property and unit- You should compare your Profit and Loss by:----- Month----- Quarter----- Year----- Previous Year Comparison----- By % of your Income ----- and the list goes onNow about your Equity - view your Balance Sheet and see the difference from previous year how much money you paid and received by improvements and loan, the personal money you invested and more...If you are looking at keeping the books for tax purposes and IRS, as well as use paper and pencil.

This might be me overthinking and not knowing but I do not have a mentor just the books I read and the information on the internet.

Other things you need to factor in: utilities like satellite TV/internet (which, since the house probably doesn't have access to cable, internet can be An Issue), and will the HOAs allow short-term rentals?  

Landlords who do not follow the law can be hit with fines and/or jail time.As always, don't trust the internet, seek professional advice.