It's several days work depending on the size of the house and if you want it too look good.  

Depends on what kind of loan it is, what are the repercussions if you change the deed?

This would depend on your current LTV and the property type.

Cell: 9733091249Hey Arman,I think it all depends on what you're looking to do.

There are several ways to approach this depending on your goals. 

It depends on whether or not the carrier requires 12-month lease agreements...have to talk to an agent and provide accurate information on how the property is being used.

That probably also varies by state.If it was administratively closed, you might had some significant expense to resurrect it - like paying 10 years of back fees and filing 10 years of back reports. 

Depends on whether you can qualify by supplying docs like W2s, paystubs, etc. and if you want to close in your name or an LLC.

We are looking at 350-400K listings with 10-20% down depending on the numbers and otherwise what questions should I be asking?

I am also sure there are some other people on BP that can help with more out-of-state investing.This is all VERY GENERAL information and will vary depending on where you live.