Most of our properties are located near downtown hospitals, making them an ideal choice for these renters.

And I find many tenants in this class level really connect with it if there an ideal tenant.

Ideally you'd be there too (or a manager if you had one) as that is best practice in my opinion, but being remote you just have to outsource everything to people you trust. 

Additionally, they managed to refinance while the rates were at historical lows (and still somehow cashflow negative ik 😭), so any loan methods that involve changing those rates are not ideal.

Ideally it pays itself back over the next few years and could be great!

That approach might not serve the seller well, especially since the goal is to genuinely help them by offering a reliable quick solution.My current thought is to focus on networking and building a solid and extensive buyers list and understanding their ideal investment criteria upfront.

And don't forget to factor in design/furnishings into your budget keeping in mind your ideal guest avatar.    

I specialize in helping out-of-state investors find their ideal properties on the Emerald Coast/in the panhandle so I am more than happy to answer any questions I can to help. 

i mowed the lawn myself.and if you think about owning a rental long term - ideally it will always be occupied. 

In an ideal scenario, it’s possible to complete the process in about three months—especially if the rehab is minor, you have your financing lined up, and the property rents quickly.