They may sell at a reduced price compared to a homeowner who has taken care of and loved their property.None of these repair issues are a deal-breaker by themselves.

A comparison would be a STR compared to a LTR.

The distinction is important with respect to your financing question and options. 

Super cheap houses compared to Denver where I’m at, and good rents.

For comparing properties or managing properties?

Of course, from here on out I will be comparing!

I was wondering if there are any limitations to getting a 2nd FHA loan as far as what value the 2nd house is compared to the first one.

We love the area, but not sure how the occupancy and return compares to other markets such as Gatlinburg. 

Quote from @Ted Davis: Hi all, I’m looking at signing up with Propstream or Privy to help find and compare investment properties.

If you are looking to build quick capital and another full-time job, then flipping may be the answer...if you are looking for a slightly more passive approach and looking to build that long-term wealth, buy&hold'ing is maybe a better strategy.I've found introspecting on where I want to go long-term has helped clarify my short-term path...The beautiful part is Chicago offers all options at affordable prices general speaking compared to other metro areas.