If someone else is better equipped to handle the flip or something legitimate is found out about the property (cloudy title, mineral rights gone, easement through pool).

I once ran a restaurant in Malibu which had been in business for 25+ years and often an older piece of refrigeration or cooking equipment would have the Model info rubbed away over time from scrapping against the wall. 

@Clay Warinner - What Voicemail Drop Services have you seen which are equipped with a built in DNC list free of charge? 

If you do buy those properties, do you keep the current equipment or do you have a strategy to make it better?

My profession is a heavy equipment operator in excavation.  

Purchase price: $120,000 Cash invested: $400,000 Sale price: $300,000 5,000 SQFT 2 Story Historic Brick Building. 2 Apartment newly renovated. 1 Gift Shop, 1 Restaurant w/ Bar, 1 Office area, All Restaurant and Equipment included plus tables and POS system.

Even though I stated my requirements carefully, there were a lot of people seeking day work, people with no equipment, people who seemed very flaky, and almost noone with an actual landscaping company.

The husband accepted this lien from Veterans Affairs while being ill-equipped to do so due to his severe PTSD.

Find a realtor you like working with, educate your realtor, equip them with the right underwriting software/process, connections to local vetted GCs, and a detailed breakdown of your criteria and stick with them as they stick with you.

As someone who deals with pool equipment failures, and landscaping water leaks and keeping a gas BBQ spic and span for every guest, I would highly recommend looking into condos and townhouses over SFRs.With the HOA taking care of the pool and the grounds, and with a good STR cleaning service (I can recommend one) you could manage this from afar and potentially skip paying a management company to do it for you.