Are there any investors in or around Phoenix that would be willing to help me a little with this I know a little bit about each area but I don't have extensive knowledge of all of the areas.

Question is, should I just sign an extension of prior owners lease or have them sign a brand new lease?

I am also interested to see if the Link Light Rail extension will actually happen.

For instance, one house we are considering has a swamp AC unit that is less than three years old. 2) PLUMBING - What are some red flags when it comes to plumbing?

So, I understand that you shouldn't count on appreciation when valuing a property for investment purposes, but I'm wondering if anyone has done extensive research and attempted to project the value of SFHs in rural areas, but especially Appalachia?

Lenders will usually, if not always, ask for a personal guarantee, and i've seen countless instances where the lender asks for an assignment of rents in the case of a default.Sorry - kind of a roundabout answer, Best of luck.

For instance, in Sacramento the auction/bidding is done in person, on one designated day, and the property must be paid for in full immediately after that property is bought (they won't even start auctioning the next property until you pay for the one you just bought). 

For instance rents go up at 3% a year but slow to 2% a year yet water rises by 3%.

There are a few instances where HUD will step in.

Hopefully you have an extensive real estate background with a proven track record of wholesaling.