Perhaps a nice 1950's built bungalow.Always hire a 3rd party property inspector to give you an unbiased feel for the home.

Here is a post showing examples: https://www.biggerpockets.com/forums/51/topics/831924-beware-how-cost-segregation-is-sold-to-youFinally, the very concept of cost segregation is often misunderstood, as I explain here: https://www.biggerpockets.com/forums/51/topics/1075919-five-common-myths-of-cost-segregation-and-100-bonus-depreciationRepeating myself, the only way to have an unbiased picture is to consult your own tax advisor. 

Much better to have the note serviced, not only will you have a clear unbiased person tracking the balance but you will also get the proper statements at the end of year to do your taxes.

Getting the different perspectives is really helping me to look at this from an unbiased perspective.

I treat it as a unbiased 3rd party that is making the decision to accept or decline.

It's only a short drive from me.Feel free to reach out anytime should you locate something that you'd like a second/unbiased opinion on.

They should also be providing you with an investment plan and their unbiased research with all the risk quantification that aligns to your risk tolerance and investment objective.  

Perhaps a nice 1950's built bungalow.Always hire a 3rd party property inspector to give you an unbiased feel for the home.

Your question #2 happens to be frequently asked; I posted a bunch of BP links in this thread to help those asking the same question:http://www.biggerpockets.com/forums/55/topics/39235-new-member-from-phoenix-azYou'll get opinions leaning both ways in that thread (I try to be unbiased wherever possible).

Hello @Raven Parmer The key here is check a recheck the numbers of the property before jumping in and also analyze the area to be sure you will not be getting stuck on a property with no profit or longer than expectedI suggest you to get your own comps from and unbiased source (a Realtor, a comp website, etc to see how many houses has been sold recently and for how much, the days on the market (DOM) are very relevant, if the average DOM is high the area is slow and chances are your property will be sitting there for a while after you rehab it.