Should be about $300-$400 and then you will be getting the proper exposure.

But my second thought was, if I could complete this properly, it could provide me with one of the houses paid for to do what I please with.

Assuming you are a buy and hold investor, you'll need to generate $4100 of net passive income from real estate to be able to quit your job and not affect your lifestyle.  

Honestly though, with proper landscaping and aesthetics it could looks fine. 

Although the area that I am hunting for properties demands higher buy-in, but I am sure as long as the math is done properly I could achieve the similar result.

But considering the number of properties on the MLS, it's hard NOT to find a deal when looking properly and consistently.  

How to I properly identify them, so that I can give them valid notice to vacate?

Next don't rush it, it should take you 30-90 days to do proper due diligence on a commercial property, if you feel rushed then something is wrong with the deal.  

It is not unusual in my market to see $50k EMD's in the city proper, and Ive even seen some $100k EMD's.

The owner of a duplex is facing a number of charges following a fatal fire over the weekend.Under the fire code the landlord is facing two charges for not having proper smoke detectors and two charges for failing to have proper carbon monoxide detectors.He’s also facing a charge for improper fire separation and another charge relating to self-door closers not operating.A woman died of smoke inhalation Saturday morning at 395 Curry Ave.