Is it more cost effective to repair cracks and apply stucco/paint or to place sheet rock over it?

Yes, they are better, but rehab the ones in the other less desirable areas nicely (and cost effectively) and you'll easily rent a 2 or 3 bed for $800-$1100 in the other C neighborhoods.

I have create some ghost ads on craigslist but not receiving the amount of cash buyers as quickly as I want. I would like some more efficient ways to create a cash buyers list.

Potential cash flow is $8,066.00 a month with the current tenant agreement that will go into effect 6/15/2020What made you interested in investing in this type of deal?

Hi Ken - outside of having a book keeper or CPA, Avalara is a cost-effective option - https://www.avalara.com/mylodgetax/en/index.html

This policy is in effect only for 5 years. 

You can do one-up skip tracing pretty effectively. 

This is was a crime scene - he should have called police and asked to have someone come out to take a report.So, most of you reflected those same thoughts.What the owner did ...The owner, effectively, did a "do it yourself eviction".

.- The Compound Effect: great book that shows the power of small daily steps that can result in MASSIVE results over time.

There can be some exceptions as noted by @Eamonn McElroy but those are rare and not likely in your case - though do check with counsel to be certain.Because income is not taxed as it is earned, you are able to more effectively grow savings by compounding the gains over time and reinvesting earnings within the plan.