I have had homes that were in good condition have roof damage from a hurricane and the owners walked away, water and mold pretty much destroyed the house.

Second, I pay for all utilities (Electric, Gas, Water, Yard Maintenance, Internet, etc.) and have it included in the rent price.

If its bare dirt , it just needs to be raked flat , anybody can lay sod , that isnt the issue , its the 3 weeks after its been laid making sure its watered enough .  

@Laura Casner Do you know how far it is to the water table?

There's no one home to put the fire out or turn the water off if a pipe burst.

Thats not surprising since there is no electricity or hot water.

I didn't know that about BT, that's cool. 

On REOs, HUDs, VAs and other you can get inside but most of the time the utilities are shut off, and heat has been off for a long time at least one winter, in some cases more than one winter and are possible freeze damage to water pipes, hot water heat pipes and even boilers/hotwater heaters. 

No water is leaking into the unit, the ceiling tiles just get a slight discoloration.

I always thought it was a cool idea, but anytime I see tech people get into real estate and construction (especially to this scale), I really pause and take caution.