What types of properties are you looking for?

What made you interested in investing in this type of deal?

Walking through, I can see that owner is the type that spares little expense with his own properties. 

Any type of investment real estate anywhere in the US can be sold and replaced by any other type of investment real estate of any number of properties anywhere in the US.Washington to CA is perfectly fine.  

Tracking hours would be kind of a pain as we tend to do a lot of partial-hour type of work like a quick phone convo or texting back and forth with a buyer client, researching properties, talking to listing agents and lenders, scheduling showings, previewing properties, travel time, etc.

Has anyone been in a similar position, or has had success offering this type of agreement to a previous owner of a property who has not yet voluntarily vacated?

Usually, this is a sign of stability and a preview of the types of people who live in the area. 

And then, you ask your soon to be tenant during their walk through, if they are familiar with that type of lock and how to use a paperclip or stiff wire to open it.

Also your permitting process, type or land, grade of land, if underpinning is required will all play a factor into your cost. 

What type of neighborhoods are your SFRs in currently?