First step is always to cut the water source and fix the leak asap.

Use that as a small down payment to siblings.

What do you think of my essentially 7-word answer? "It's like selling pizza by the slice".  Too simple? Just right? How would have you answered? 

However, are you planning to do a 1031 exchange, or is this a primary residence? 

so I used 1.5% as a property tax number, and I used $200 mo for insurance.

Hopefully, this is a useful example of what’s achievable with out-of-state investing, even with no local connections. 

I'll be visiting the area in two weeks to check in on progress.   

Does anyone know where I could find this or a similar overview for property owners?

Looking for in country contacts banks, agents, contractors, recommended areas, etc to prep for a productive visit.  

My business is built around doing deals for out of state investors and my mind is BLOWN by how many flat out refuse to come visit, meet our staff or walk the property that they bought and we are rehabbing for them.