Just made an account here to try and organize my thoughts as I don't know where to begin. I'm sure I will not provide the proper information for you all to give me the right advice but this is what I've got:
I'm a so...

I would make sure you know what that $ is at the moment and the potential DOM risk before making the decision to keep it vacant chasing a price you can't get. 

Instead, a lender will want to see that the property currently brings in (or has the potential to based on market rents) enough to cover the monthly principal, interest, taxes, insurance and HOA (if applicable).

Landlords should go back to doing their background search and asking questions of potential renters.

Your best bet is to start here.

The upside:  There is a lot of money to be made, potentially, and every door you add to your portfolio builds your company's value bigger and bigger (vs. sales, where it's a transaction and then it's over).

Try looking into zillow/Redfin and see what your potential rents you can get near the neighborhood by filtering the bedrooms/bathrooms of the intentional property that you are planning to buy.

The house needs a roof and potentially a new septic system installed which they also considered. 

Hey BP,I found a FSBO property in my area that has potential to be a solid house hack deal. 

Look for properties with good potential but that may need renovations.