The roof, AC, plumbing, electrical and flooring will eventually need replacements.

We had advice from real estate agents, contractors, friends and lawyers from other regions.

The real actual job is still the contractor analysis. 

Connect with lenders, agents, property managers, contractors, attorneys etc.3.

BiggerPockets is a great place to find featured agents experienced with long-term rental investments—they can guide you to cash-flowing properties and connect you with resources like contractors and property managers.

Then it's simple, build the home, find crews to do the work (you should already have them basically from the prior step), excavation, concrete, sealing, framing, roof/gutters/siding, windows, insulation drywall, plumbing, HVAC, electrical, finishes, etc. basically in that order.

They'll steal your copper, hot water tanks, furnaces and electrical wiring.

They can also guide you in choosing properties that appeal to dependable tenant demographics.Access to Reliable VendorsProperty managers have established networks of cost-effective contractors for renovations and repairs.

You don't see any actual receipts for materials or invoices from contractors they hired.

Of course you could roll the dice and try to show that he is an "independent contractor" and respondeat superior does not apply.