The only reason they want one is so they can dump stuff down the sink that should go in the garbage. 

There are a lot of neglected homes because that area is so rural. 

But this is so fun that I don't know if I can stop myself at 5.

I am super attracted to the idea because I love to fix and flip, and the emount of money to get started is so much less. 

As far as office I remain intrigued by it, also at least in our area condos have been brutally hit and I think offer a “deal” without quite the downsides to office, I tend to think office/retail in suburban and even pandemic boom markets (I’ve started investing on the eastern shore of Md and have considered some office deals there) offers the best risk/reward of office because you have a population boom coupled with ultimately still a low supply of office space, where as urban areas have lost population and have a huge glut of supply, I think the ultimate fate of a lot of urban office trends towards zero/land value. 

There wasn't anything on there that would make me not buy a house, but as far as money there's no good way to answer because we don't know too many things to make an informed reply. 

I am not sure the Tenant is so friendly, my property manager deals with them.If you have a PM, they should answer this question for you and handle the process.You should notify the PM and update your PM Agreement, W-9, banking information, etc.

As far as price point, this will depend on the market of course, but I am looking around $200k-$450k right now.

Some folks pull out capital to deploy into other investments they see as a good move, but you may also want to consider the capex and debt service the property comes with as far as gross rent covering the costs.

The foundation is so bad the house has shifted and I’m going to be spending nearly 40-50k to get this remediated.