@Curt SmithThank you for the honest advice and caveats!! 

The few places I have been interested in honestly looked like they would require cosmetic work only.

My investment partners and I have made considerable investments in Mount Airy over  the past few years, worked with a number of brokers on acquisitions and can honestly say not a single one has been able to effectively articulate our neighborhood investment thesis which tells you how challenging the neighborhood is. 

Honestly it sounds like you're trying to reinvent the round wheel with a square wheel here.

Honestly, hiring a lawyer might end up costing more than the process itself, especially if things don't go in your favor.I’d recommend approaching the neighbor directly to discuss it, making sure they’re aware of the serious safety risk.

We’re open to considering Section 8 rentals if they align with our goals.Our initial plan is to purchase one or two properties outright with cash, although we’re still open to financing options if the right opportunity arises.We’re planning a 1- to 2-week trip soon to explore Indiana and get a feel for different cities and neighborhoods.I’d really appreciate your honest feedback.

If you wanted a local contact in DFW let me know and I can connect you.They will be honest too if they think you would make more to rent the entire place vs room by room. 

The owner Corinne is very knowledgeable and honest.

Recently a prominent marketer of Cleveland rental properties and property management services named Bob Prisco was exposed for being less than honest in his business dealings and posting activity here on BiggerPockets.

Stay away from electric heating - this is a tip for all investing to be honest. 6.