As you progress, maintaining a clear line of communication with your team, especially your property manager, will allow you to stay ahead of maintenance issues and tenant needs, keeping your operations smooth and your tenants happy.If you haven't done so already, consider outlining your goals and investment criteria with a property manager early on.

Good news is our land is where all of the next-door houses are (free houses, I think legal issues). 

The interior was outdated, the landscaping was overgrown, and several deferred maintenance issues were apparent.

Another issue is that many lenders do not lend below 630-650 FICO/credit score. 

The interior was outdated, the landscaping was overgrown, and several deferred maintenance issues were apparent.

I don't forsee any asbesto issues.

The issue I have seen with these types of properties is they could have two valuations - the value of the real estate which the structures will have little value and you have the land the other is as an operating business just like a bed and breakfast would have - real estate has value but it operates a business now you mention 12k / month but if someone also has to manage the property what is that worth and what would someone pay to manage a property like this?

I contacted Zillow about this issue but received no response.

Court of Appeals for the Fifth Circuit issued a stay of the nationwide preliminary injunction previously granted by the U.S.

It could be stressful if there is a plumbing or heating issue and you're several hours away.