In this market and location the ideal is to book vacation weeks during the summer.

Ideally you would want to double or triple your money in rent compared to the mortgage payment along with your equity but that is not always possible in all markets.

Ideally, if a tenant was injured on a property in your LLC and wanted to sue you, they could only come after the assets in that LLC.

., but what are your ideal timeframes?

You've painted some broad strokes here.

I know that area is not necessarily a great location, but I only have about 35-45k liquid capital to put down, and another 30-35k available for any remodeling (ideally I'd like to spend max 15-25k, but I figure I'd save another 15k extra just to be on the safe side.

Ideal would be for you to plan on moving in as you can get from multiple sources 10% down lending and great interest rates.

This would give me a Cash on Cash Return of about 9.5% and a total first year return of 104%.I know its not an ideal BRRRR because I can't my $10k down payment out but I do get $22k of equity for a $10k investment and a property that looks like it cashflows decently.   

I was just trying to clue in that slapping a coat of paint often creates a condition that is permanent and that brick should not be painted or ideal way of changing the appearance.

I can probably cut windows on the back of the bedrooms and get some light in via windows from the porch/staircase...but not an ideal solution.This being a foreclosure the bank is not going to provide survey, so I am ordering survey.