As a PM, his team would be familiar with areas and could help underwrite the property and take care of the day to day headaches. 

@Deirdre Lizio like any business, you will encounter customers that:1) Appreciate great service and are willing to pay for it2) Appreciate great service, but are price sensitive3) Only care about the lowest price, yet unrealistically expect great service4) Multiple variations of the above...Unfortunately, the majority of us default to #3:(

You can list all the reasons why you charge $250 for a one-time shoveling, but nobody will care when there are other vendors doing the exact same job for $100 or less.I'm in a city of 10,000.

Who cares?

Whereas owner occupant buyers are looking at comps, sold prices for similar nearby properties, and don't care about cash flow. 

There's too many investors who are front page news in Northern states re CFDs gone bad and Texas where lease options went bad and the state enacted buyer protections...Take care to all.   

With careful planning and consistent effort, you can create a portfolio that aligns with your long-term goals.Good luck!

Also, I am guessing that due to the state of the house, it would not qualify for a conventional loan?

Without too much detail I had to quit my W2 job 2 years ago to care for my disabled son and my wife is still working.

Jason - First, we care about our users, which is why our policies exist.