@Jacob Phillips- good on you for being concerned about others' time.

You also have to remember they are migratory and probably not concerned with keeping your house clean and in good repair like a family that is established in one location.I have accepted some of these in the past but I'm pretty picky.

Here's my concern, I visited the property today, and given the neighborhood, I would NEVER choose to live there or see someone I care about live there.

I think the crux of my concern is that i would prefer to buy and hold and repeat, but I get the impression he and his wife are concerned about being able to make a clean/concise split at the end of the "sale" which would require a flip. 

Keep checking out BP and asking questions and you will find the next investment that you will get you excited.There are no limits, keep it up and reach out if you have any questions or concerns.

@Daniel Weber @Chris Isley thank you both for the quick and grest insight.As far as the contractor is concerned, for this scenario, do you suggest finding a contractor who will (or can) subcontract other professionals (example electricians, plumbers etc) or finding someone for each particular job that needs to be completed?

Basically they are just telling you "what you see, is what you get" and after you close they don't want to have anything to do with it.Clean title is not a concern with an REO (if it is one - the listing will state REO/foreclosure on MLS).

My main concern is the eviction process.

We don't charge a security deposit for this apartment because we aren't so concerned about the apartment being damaged but we are concerned that a dog might damage our cat so we'd prefer to avoid that scenario all together.

I would be more so concerned with insurance.