I only have student loan debtI have a full-time remote jobI have no prior experience in real estate investingMy credit score is high 700'sHere are the details about the property in Zenda,WI:Asking price: $235KIt’s being sold by out-of-state heirsIt needs at least $50K in repairs and updatesThe neighboring house recently sold for $235K (though I don’t have details on its condition before the sale)A family friend who owns a construction company assessed the property and noted the following:Replacement Needed: Furnace, Water Heater, Water Softener, Floor (concrete replacement needed due to unevenness), Roof, GuttersUpdates Needed: 1.5 BathroomsConcerns: Black mold and water leak marks upstairsRemodel Suggestion: The staircase is very steep and narrow; recommended to relocate and extend it into the living spaceAdditional Work: The property slopes downward, allowing rain to flow into the house.

There are 2 options for this: standard, and rain refresh.

Even just a back door frame starting to rot due to rain splashing up, we put up a diverter and fixed the frame.

It's possible the first letter or summons will slap your tenant quickly into compliance, or you may go all the way to court/judgement/sheriff removal. 

They could not even find the root cause of the leaks we had the last few months (when there was heavy rain). 

at first they wanted the deficiancy I went to bat for him and we got that waived.. and of course there was 7 judgements for 7 different moms for child support that had to come out of that 1.7 as well.. :) WE pulled it off and I was pretty proud of my negotiating skills against wells.. but it was running up on a quarter reporting end and I guess they just really needed that loan off the books..

In those towns is where the STRs entrepreneurs usually invest, they are mostly digital nomads as well and they come for the summer go when it rains, and when it rains locals fill the spot with some tourist to boot. 

has anybody had experience using abstract of judgement in north carolina. tenants left after 1 year lease, she always paid on time but has left home with close to $5000 in repairs.

Quality PM's have tons of experience that lends to good judgement.

Ducting is the 1/2 the size of a rain gutter and you can paint the ducts to match the current exterior.