This happens regularly, according to the on-site care taker of the property.

First, clean up your house so you can expand it.

There are good deals to be found in any market and you want to have a deal that you can physically visit regularly.

However, you can expect to recover about 50-55% of your investment when selling the home.Improve curb appeal, which is what you mentioned before, clean up the exterior, add landscaping, and make minor improvements to enhance the property's first impression.

Outfit the space as turnkey for an appropriate business (smoothie shop, dry cleaning substation, etc.) and sell the “business” with a small down payment, receiving a monthly payment for the business payoff + rent/3.

If you can benefit, then regular depreciation is a very small deduction, except for...4.

I've looked in NH for an area and opportunity that would cash flow regularly and it is hard to find a property that does so year round. 

. - along with inconsistent incomeTo be honest this person should not be investing in real estate and focus their time and energy on getting a stable w2 or income and get their credit cleaned up first

When you look at the percentage of "clean" energy produced by each state, Kentucky is ranked 37 out of 50.

I would be focusing on cleaning up bookkeeping, communication portal with client, vendor list management, payment processing, etc.