You can easily loan money out at 10% using Realty Shares or like that if 10% is your goal.

I let my fantastic realtor  (Kate Tyler Hayes) know that I wasn't going to give up so easily on this deal. 

It's valued around 225K (actually 250K if it was fixed up really nice), and I'm easily getting rents around $2,200-$2,400/month.

Initially, we we are planning to focus on areas that are not too far away from us - so that we can easily see and touch the properties, as needed, on a regular basis.

Converting it back to  livable house could easily be done by adding a shower or bath as the current bathrooms do not have one.

Does anyone know where I can find and access the local information easily?

If there's anything that goes wrong, the property is close by and you can find someone to do repairs, etc. more easily.

Very common and easily resolved to your benefit.

To many horror stories in the past will tell you this is a terrible idea.Repairs should be performed by licensed professionals with insurance to cover damages in case of problems.Never hire someone who can't be easily fired and held legally liable for poor work performance.

If it goes to appeal, you could easily spend $10,000 If possible, settlement is a great way to go.