Neighborhood quality can vary street to street in some areas and there can also be stark differences in tax rates and city ordinances in some suburbs.   

Being in Texas with a lot of drill rod, if you have a welding friend with a high lift, I would look to do Canopy parking. 

The orange beach came to play bc of low taxes and basically same beach quality.

I highly recommend Morgan and Cameron Reed.

Sounds high to me unless you are able to really make this unique.I realize I made of lot of back of the napkin assumptions above, but it sounds like a no go to me.Yep, you are on point with this.  

As an appraiser, I will take all the info on the house and use it to estimate the quality and condition, in order to compare it to comparables (recent sales) with relatively similar quality and condition.

Poor renovation quality but mainly the company is just shady. 

But my state is a pretty quick evict state, our rents are somewhat below market, and we have extremely high demand.

However at the end of the day I do think self-managing with systems and processes is a great way to keep more cash flow and ensure higher quality tenants.

While this is not unique to foreclosures, and should be done for EVERY deal, I highly recommend you get full title insurance on a property.