I have a tenant that bought a brand new F250 dual cab that cost more than the home they are renting and are always scaping to get rent each month. :( 

Below are a few examples: Nevada has no state income taxReasonable electricity cost and dual power supply sources.Labor cost - 28 states (including Nevada) have enacted legislation prohibiting employees being compelled to join a union, nor compelled to pay for any part of the cost of union representation.

I managed to get a hold of the documents the seller has made available (with estimates indicating at least $56k of deferred maintenance) and am ready to make an offer which includes seller financing.I have considered requesting dual agency from listing agent but not convinced I'd be best represented.

That listing agent will likely ask for your permission to be a dual agent where they represent both the buyer and seller.I agree with the other responses. 

Turns out this thing has had ALL of the following replaced in the last two years: Roof, dual pane windows, copper plumbing, upgraded circuit breakers, 3 furnaces, a central AC unit, and cabinets + floors + paint to all 3 units...

I don’t recommend this route for everyone as we are dual citizens and have the ability.That way you could start with maybe 2 properties with the cash you have, taking the exchange rate into account and a 25% down payment for each investment property, and not have to touch the equity in your primary residence.If this sounds interesting, I’d start by speaking with your bank and see if they have a presence here in Florida.Just my 2 cents.

Apparently, there was a missing cover on an exterior AC unit that exposed high voltage wiring (240 to 440 Volts).

We are both American citizens with jobs in Australia (we are actually dual citizens now).

Listing agents love dual agency since they get to collect double commission.  

That being said the net worth and liquidity requirements for Foreign Investors is networth = 2x loan amount and liquidity = 18 months of mortgage payments instead of 1x the loan amount and 9 months.If you are a dual citizen or American citizen, you only need net worth = loan amount and 9 months of liquidity.