Not your job to supervise the tenants nor to give them access to the place.

If the neighborhood is good and I don't see anything too scary from the street (house isn't leaning, neighbors aren't running a dog fighting ring or meth lab) I'll schedule a walkthrough with my realtor.

Real estate salespersons can also perform these activities but always under the supervision of an employing broker If the only activities a company is providing are lawn care, snow removal, physical building maintenance, rent collection, condominium association management (with no leasing or renting involved), a real estate license is NOT required.

My first reaction was meth lab - which Don also touched on.

Account Closed, what's the minimum amount to invest in these areas to get something above a mobile-home that would turn into a meth lab within 6 months ?

http://www.ccrd.info/  It that price is the true appraised value perhaps the property has been condemed, former meth lab?

Property tax, insurance and what ever the buyer is doing with it (meth lab, pot farm, antique collecting).

The worst part is that the boss who got the job, wouldn't stay around to supervise the 2 helpers he left there to do the work.

@Brian MathewsAny thoughts on finding and supervising contractors out of state?

My partner and I will find the properties, put them into contract, supervise all renovations and work with the selling agent, or become the property manager in the buy/hold scenario.