Perhaps a nice 1950's built bungalow.Always hire a 3rd party property inspector to give you an unbiased feel for the home.

Obviously, you’re not planning on hiring a bunch of agents.

Also how do I generally gauge how much it cost to fix/reno a NY property without hiring a contractor?

Consider what it would cost you to hire out all the work necessary to make it rent ready.

Hire a lawyer, appraiser, inspector, get a mortgage and settle with granddad.

No grocery stores and everyone must travel 30 minutes one way for most things they want.You will be hiring a crew or crews from Buckeye, Az. most likely and getting supplies to Gila Bend will increase your costs.Rents are very low and I know of a couple of homes that have been on the market for a very long time.The town just had a recall election for the city council seats so even the town is in a little bit of turmoil when it comes to how it is being run.Renters burn a lot of landlords and everyone is related to each other.

No money in.We found someone extremely interested in the property, but he asked why would I partner with you, when I would rather pay you a finders fee and hire you as a PM vice giving you equity.

No doubt I would hire this out to a property manager, which I've been told to estimate 8-10% of revenue.

They do all try to hire my contractor, but we get along great. :) I've even gotten phone calls from the local neighborhood watch/council/groups, they are grateful also.

If I were to get a 6th VR I'd feel I'd need a 20th VR and I'd need to start hiring lots of folks to avoid using a PM.