In addition to risk, there is also salary cost the teams leading the renovations, leasing, sales, etc, and if applicable an assignment fee to a wholesaler that you will also not find in any public records.

Others rely on networking... hooking up with probate or divorce attorneys who sometimes have leads on properties that aren’t widely marketed.If you decide to hire a property manager in the Jasper area, maybe chat with a few owners who’ve used them.

-A water heater issue resulted in repeated mismanagement—confusing unit assignments—leading to extra costs to fix the same issue 3 times and on each occasion "more fixes" needed to the water heaters that I plumber said was needed.

If there's a family member or friend in a similar situation, and you can both align on the initial plan (location, home type, price, usage/occupancy, etc) you can pretty easily get a co-ownership agreement in place and even a joint mortgage.The benefit here is it might open up your ability to buy a larger place in a nicer area which could lead to a faster rate of appreciation and overall better living environment. 

I've only ever sent out an offer like that once, and that was to a preforeclosure lead that refused to discuss the property, instead telling me "that's not how real estate works, just make me an offer".  

I’ve been working probate leads here in San Diego for some time and your words are right on point…lot of time for sometimes little to no return. 

Changes to local landlord/tenant laws and new situations involving tenants lead to these annual updates.

Unfortunately, there are times when being accommodating and making exceptions can lead tenants to take advantage of the situation.

However, that will likely lead to increased turnover and increased vacancy time in between tenants.

We wouldn't be looking to start this project until the spring so I'm giving myself a lot of lead since I am a newbie.