BTW this property is not rent controlled.

On average, I'd guess 'most' people who want to ban STR are left leaning only because they're more likely to favor a larger government controlling what people do with their own property. 

After all, most investors get SDIRAs with Checkbook Control because they allow us to invest in the things we understand.

For those who do single family rentals, do you, as the Landlord pay for Pest Control?

Ultimately I wanted a vehicle that I could have control over to provide income to augment or bridge me into retirement (which isn't for 15 years).

You obviously have a spending problem and a self control problem.

At least that way I can take control and start getting the owner some form of payment on his land.

Everyone of us are 100% all in and ready to start taking control of our financial future for some very strong reasons.

this is tricky, it tends to be a case by broker-case basis, and only a handful of brokers control the bank-owned..yikes......i forgot if the agent can rep. the bank and you, there in NC, if you make offer..Just thinking out-loud and opinion, not telling you what to do, dont know your plan (hold, flip, or your funding):  ...get over there, with a property preservation buddy, assess the repair and upgrades, (unless its already pretty perfect or you feel the agent can give you some accurate idea)...ask agent what he/she can sell for in good condition, confirm.. then factor arv, repairs needed, make offer with 10 day due diiigence professional inspection......are you offering an almost full retail-market priced forclosure anyway, then are you going to hold it for cash flow? 

Renovation should be controlled by muncipality.