I will always include an inspection contingency / study period to protect myself... with a duration in excess of what should be necessary to complete the due diligence.

. §1.165-9(b)Property converted from personal use(1) If property purchased or constructed by the taxpayer for use as his personal residence is, prior to its sale, rented or otherwise appropriated to income-producing purposes and is used for such purposes up to the time of its sale, a loss sustained on the sale of the property shall be allowed as a deduction under section 165(a).(2) The loss allowed under this paragraph upon the sale of the property shall be the excess of the adjusted basis prescribed in § 1.1011-1 for determining loss over the amount realized from the sale.

I understand you can begin the process to receive the treasurers deed at 2.5 years and in theory (excessively unlikely) receive the deed in 3 years time. 

There is a new factory being built that is expected to fuel economic growth in the Aliquippa/Beaver County area.

I have an application in front of me now where a prior landlord gave her a bad report because the vertical blinds were missing and an "excessive carpet cleaning" charge on move out.

I usually try to workout at least 4 times a week so this can save me about 4 hours a week in excess gym time.

I just add that I had a fuel expense or a meals expense and the amount. 

For sellers though, it's the fuel that makes their world turn.

A handyman landlord working with minimal help can do good work in these places, stay on top of things, and keep perhaps ten of these tight little ships running with practically zero outside labor costs eating into his profits or excessive time commitments, while he does modest, leisurely little spec rehabs and occasionally larger live-in flips anywhere he finds deals, accelerating his timeline to  pay off his street of moneymakers. 

Made me feel like a smaller scaled NYC (without the excess lights of Times Square).