Most of the owners lack cash at the moment and are in big trouble with banks, they easily sell properties 1.4-1.5$k per square meter and you can sell the property right away with cheap renovation 2.5-3$k per sq. meter to a family that is eager to move to the downtown area.Many locals are desperate to sell their properties in troubled regions like Crimea, Lugansk and Donetck to relocate to Kiev on permanent basis.

How much per square ft I️ should be looking to spend, laws (Albany, NY) or just some general knowledge really.

I truly don't view this business as convincing a seller to do anything, its finding the square peg and putting it the square hole nice and easy. 

I’m very excited to be getting involved with the community.

This article talks in detail on how to evict a tenant plus the associated costs (and headaches involved): How to Evict a Tenant for Non-Payment of Rent (includes costs) . 

Not enough money in it for a property management company to deal with all the risks & headaches involved in a property in such a distressed area.

Suffice to say I've been involved with enough residential and commercial development to learn how NOT to shoot myself in the foot.

It's cash in pocket or a credit card swiped on my Square Reader when I collect rent.

I am involved in one in Georgia and I know someone doing one in NY. 

Hey Everyone,I'm looking to get involved in possibly purchasing an auctioned property.