Based on what was said in the report, it's pretty obvious to me that it's going to lead to testing under the slab in the basement.      

Valme I recommend that you get your real estate license and find a brokerage to work for, most of them have real estate training programs at the brokerage, also you will have to take some courses and a test to get your license.

That seems to pass a sniff test for cashflow. 

I passed my kansas real estate test a while back and I need to affiliate with a broker. 

No test.

Do I need testing done for both before starting rehab? 

You'd have to test that.  

I would recommend a different marketing piece every 4 weeks for 5-7 months from past data analysis, but you should test this out for your market and see what works best response rate wise.Also, when you become more advanced you will want to do split testing and other methods.

Communication with my PM has been great and prompt so far and will be tested soon as I just found out my tenant decided to return home to Florida and dropped the keys off. 

Also, I’d would test the water with a really low offer, and make sure you get your due diligence done.