The cost of moving is around $1,000.

A deal that’s “close” but not quite right can still cost you big.

If you decide to go the accountant/CPA route be sure to ask up front how much it will cost.

Usually the numbers don't work to build in these neighborhoods, unless government tax credits, etc.Do you see the problem with your two statements:"The turnover costs could/will be high"and"How much more damage could they do?"

Even with renovation costs and insurance costs the fix n flips are still making money.  

Taxes, costs, eviction complexity, etc are going to be a much bigger factor in your success than anything else.

if there is appreciation, but you wouldn’t sell your current home tax free and buy a neighboring home to rent out, (There by raising your cost basis for additional depreciation and lower capital gains tax.) then it probably doesn’t make a good rental property. . 

You can also assess a dollar amount that you value the cost of these requests to be, and ask for these as a discount from the purchase price or a concession to you for closing costs. 

Keep in mind the potential for higher renovation costs due to older properties and the local landlord-tenant laws.Good luck! 

I’m estimating renovation costs at around $150,000.