So are 3 bed rental was apparently used as a meth lab and now requires remediation...which consists of complete cleaning and replacement of exhaust vents and cleaning furnace.

Value add is an extremly poweful strategy if deployed in the right asset in the right market, and with a solid business plan.

Take an extreme example: You can purchase 2,000 sq ft homes in Flint, MI for $1,000.

Then I find myself just feeling exhausted and depressed instead of accomplished at the end of a day's work at it. 

There simply is no debating or arguing this.What other method have the leads chasing you, where all the leads are extremely motivated and are free, and that works whether you work on it or not.SEO brings in the best leads for free on autopilot.Once you understand how to do it, it is no big deal.

Must have been a lengthy and exhausting process.

Before you go spending money on an attorney realize that variances are extremely hard to be approved, cost a lot and take time.

The demand for properties in Tampa are extremely high.

Those parking lots and roofs can get trashed and need constant work due to the extreme weather patterns compared to many warm belt states where weather is more stable and generally requires less maintenance even if you have a NN lease. 

Would this be an extreme adult babysitting job?