Further, I think it is going to be even more surprising when it creates new and unknown issues that they didn't originally foresee.

Almost all builders can do the development work for you, but that's a unknown cost and nobody can give you an accurate quote without studying the site.

Are you willing to risk the unknown (tenant moves, time your property will be vacant, repairs or clean up to  get the place marketed again, you get a new tenant who isn't as good etc.)Obviously you can't nor shouldn't be held hostage by the fear of your tenant leaving and having to face the inevitable.

I've reached out to about 50,000 contacts during this period but a few potential sellers a came across seem to already have realtors.My current approach involves using Deal Machine to identify potential properties by zip code, focusing on those with unknown sale dates or built dates before 2000.

If you commit to an out of state BRRRR, just know that you are likely committing to a long, expensive, stressful story with a lot of unknowns.

This may limit your showings to some extent, since now you will need to get two agents together simultaneously, but you do not have to show your home through unknown agents without your agent being present. 

While it looks good on a spreadsheet, there are too many unknowns to answer properly.

In the long term there is LESS unknowns in the new construction, but the entitlement and aquisition is a bit more tricky.Just curious how come you had to fix water heaters and leaks if you have a property management business or in it?

Do you mean because of all the unknowns of covid issues like supply and a bunch of other things?

On the other hand, a "served by publication" heir could argue the guardian ad litem did not do their job well, the heir should not be foreclosed from claiming the tax sale was void, and they ALWAYS have 3 years after the tax deed date to assert their rights and cannot lose them simply because of a GAL who did not assert the correct defenses on behalf of the unknown or unfound heirs.