There is a somewhat substantiated theory that many haunted houses (when the folks are mentally stable) are related to carbon monoxide posioning.

However, your payday sounds substantial and if you step out, you loose the upside if buyer defaults and just have to step back in and fix it.

I'm looking to get my feet wet with something a bit more substantial. 

I'm sure @Bill F. and @Ryan Groene can chime in and offer more substantial insights.

I was terrified....i wish i had bought more..light fixes, and holds, turn over to prop mngmnt, with right funding in place beforehand is pretty easy..even less emotional than being to much into it involved present...i just suggest don't buy substantial fix, rehab and flip from out of state...and not knowing area or connections...but hold is pretty easy, not so hard, with right agent boots on ground...

We currently have about 10k saved up and substantial amount of student loans (thanks to me) to pay off.

If you invest capital gains in these zones then you can defer the gain until 12/31/26.Also if you invest in these zones before 12/31/19 and hold the investment for 7 years you do not record pay gains on the appreciation of the asset.The main criterion other than being in designated areas is that you have to either be the first user of the property or substantially improve the property.

For some of the properties all of the utilities are built into the fees which you'd need to build into the monthly rent and could be a substantial amount.

Which in turn substantially increased the land’s value even further!

Though could you give some information to substantiate your statement.