It's all fixable. the floor is bad in a few places... that wall in the kitchen must have had a leak for MANY years because the 2 "sistered" joists in the basement have sheared off where they meet the concrete foundation. can you imagine rotting and shearing off a 2x4 standing on the short end just by pure weight overtime?

I was selling electronics on pure commission working part time making $30K a year in 1993.

Hi Chris, wow, you are more than ready for out of state turnkey, I think you wield a special advantage over many other investors in the marketplace, purely due to experience. 

Capital outflows from China are massive, and I'm sure that a percentage is pure money laundering.

I'm so anxious to get into a property that it's hard for me to purely think of it as an investment.

It wasn't what I wanted for our own use but was too good to pass up purely for investment.

Purely investment property mixed retail/residential, bought in October 2015, buyer off market offer on property recently with sale price that would trigger ideal 1031exchange.

@Michael C Gregory  that is not a lender that is a theif... pure and simple.one thing I think folks really need to understand.. there is 1 point and 5 % money  but this is ONLY going to happen with a federally or state chartered bank that gets to borrow their money from their depositers or govmit.. so their cost of funds is 2 to 3% its how banks make money loaning money. there is no fantasy land of lenders out there that are going to give investor loans at those rates..

At renewal time, if I offer 1 tenant a renewal at $990 per month, since to me they are pure profit, but offer the other tenant a 12 month lease at $1100 per month, to cover the $100 of my time I waste on them, could I be sued for discrimination?

@Simon Cox The HUD FHA loan I mentioned is purely for commercial properties.