Since I don't have a lot of time to spend while doing the purchase, I hope to do as much research online before I visit - maybe about once a year - and then hit the pavement.

This is a shingle-Asphalt roof.

There are investors down there already pounding the pavement and have keeping their eyes and ears open on deals there.

I'd also recommend focusing on one county at a time, or homes close to one major school or one major highway. when you start beating the pavement and heading out to visit sites, you don't want to be in the car for hours just to check out a couple sites, you want to be able to see a double digit number of properties each weekend until you find that first investment. good luck!

There’s a lot of necessary back story): The small parking lot is ground level with asphalt, but it also acts as a ceiling to my building’s boiler room.

We will need to fix the water heaters, replace the heating with heat pump AC/Furnace HVAC systems, replace the roof, redo the back stairs, install cameras, redo the landscaping, redo the asphalt, and install security doors.

My cuzzo drives dump trucks and he said maybe with a couple loads of asphalt and his skid steer we can fix. and about drainage, i saw a neighboring house have a PVC pipe coming down the side of it carrying water from the top down to street. lol idk

It is not a flip and would be rent and hold for at least 5 years.The roof is Asphalt Shingles.With a roof change costing generally around 8-9k, what do you suggest is the best way to handle this situation Walk away from the deal.I can ask to reduce the price on the house.

There is a gravel parking lot that I'd like to lay asphalt, stripe, and charge down the line.

.#3 Contact Local Contractors for Labor PricingCall local Subcontractors and get budget pricing for common repairs on your typical rehab project.For example, call a roofer and ask what their average cost per Square of Architectural Asphalt Shingle Roofing would be on a 1,500 sf house, with a 6/12 pitch.Note: Some contractors will be reluctant to share pricing without seeing the property, but tell them you are just looking for a rough budget number you can use on future projects.#4 Compile Your Prices into a Spreadsheet or Estimating SoftwareOnce you start to get a better understanding of Labor and Material costs you will want to store this data into a spreadsheet or software that you can use to help you streamline the estimating process.The Book on Estimating Rehab Costs comes with a spreadsheet that you can use to help you populate your own database of labor pricing and material pricing.