If they are, and assuming you living outside USA is only temporary, perhaps you do what Nathan Gesner suggests and find a property manager where your interests and theirs aligns? 

I do have a mortgage currently in my name that I am in the process of having assumed, so currently my DTI is very high because of this.

If the answer is no, and the only goal is to sidestep some ability to deduct something, or be able to deduct a non-deductible personal expense ....assume it's a no-go. 

Because prop was vacant, I assumed its the furnace, as its the only thing that was running. 

assuming you use all cash - and setting aside closing and holding costs for now - you're in for 150K. 

I'm going to assume you aren't talking about bank financing, but rather, investor/partner funds.I prefer to keep other peoples' money out whenever possible.

If you spend the time to properly market yourself, you may be able to raise the money, assuming you do it well.  

Just going to piggy back on what others are saying here with a simple question you should ask when considering buying any existing property, assuming you aren't buying with the plan to demolish and build something new:- When my current tenant leaves, what kind of tenant will replace them?

This is a very popular incentive in the city of columbus where tax abatements can lower taxes by 3k a year. on income of 60k for a traditional triplex that we build that would be lowering operating expenses by 10% if you assume approx 40%. it makes a big difference but I was wondering if anyone has actually seen the benenfits over time from holding these properties or investing in similar areas in urban core adjacent through renovations or new construction. there are benefits to selling them obviously but please comment if this applies to you!! 

They had a lot of contacts on the property on zillow, so I am assuming the PM was just not following up quickly and loosing applicant, but it is making me nervous about the deal.