Purchase price: $250,000 Cash invested: $115,000 Rental must be refurbed after last tenant, pool /hottub/ yard issueLeak from water heater created major damage, but didn't compare to tenant issuesMaking decision on selling/renting again to mitigate the costs of repair What made you interested in investing in this type of deal?

At least in one case myself, the neighbors were thrilled to have a couple of STRs go in on the block, it took the area from a C to B almost instantly.....

I am in the process of building an AirCrete foaming gun and molds, with the intent of making insulating blocks of light weight, low density, low-to-medium strength concrete.

I did find that the roof was damaged and needed replacing.

You don't really have anything to ask at this point because your knowledge set is still just putting building blocks together.

Especially all that foreclosed inventory that's been sitting in the shadows for the last year and a half, that will now be stripped of copper and have frozen pipe damage after sitting through the cold, vacant. 

Cash back gives you flexibility to spend it how you see fit, versus being locked into mileage and block out restrictions. 

I imagine the only other “slam dunk” evictions would be a drug bust in the property or something similar, or if you have a security camera showing clear proof of violations (like an unauthorized “guest” living in unit and coming and going on a daily basis, damage to property, assault…etc).You can call witnesses (typically other tenants or neighbors) but they must show up in court as no “hearsay” is admissible.

If you're working with an agent here, they can help you determine the tax rates - they vary block by block. 

I'd say make sure you have at least a 10% contingency budget allowed for any unseen freeze damage to play it safe.