None of the above works unless you take action and put it into practice.

He givers a lot of practical advice about researching markets, building a team, and more.Personally, I think the Property Manager is the piece your success hinges on.

I'm not sure what is the common practice in your state, so I would discuss with a lawyer. 

Talk to @Grigoriy Gorshteyn about MPLS sec 8 best practices and strategies. 

When it comes to assessing a property, learning to spot what needs updating and what’s good to go takes a bit of practice,.

Our program is designed to provide both mentorship and practical experience by funding your deals and sharing the risks and rewards.

It is a practical way to dip your toes into real estate by using your primary residence to generate rental income.Meanwhile, for the patient investor, the BRRRR strategy (Buy, Rehab, Rent, Refinance, Repeat) is an incredibly effective method over time, allowing you to steadily build wealth through real estate.Both methods have served me well in navigating the Tampa market, and I would be happy to share more insights or connect with you if you're interested.Best regards,Jorge

Does anyone have any suggestions on best practices for finding these properties?

Only a real estate lawyer familiar or practicing in your specific location can answer this @Sahil Syed. 

The old ones with old refrigerant systems fail practically never.