For the first one, pick something that is manageable by a drive should the need arise to go to the property under emergency.

This looks like it is over unpaid medical Bill's.

I will mention that the first order of business for me is completely demolishing the place and I would like to get going on that before the **** roaches emerge and the raccoons start decorating again.

Someone may be sitting on a $100,000 in equity but they can't keep up on the payments and all they want is to cover their medical bills and move closer to their kids.

I'm in the medical field, so I just picture all of my neurons forming into the shape of duplexes and dollar signs!

Medical marijuana sales have been legal in the state for a little over a year, but it is still federally illegal.

Save as much money as you can, invest in your TSP (at least 5% to get your matching contribution) but I would recommend a lot more...your TSP counts as cash reserves for mortgage brokers, and makes for a wonderful emergency fund for rentals...plus you can roll it into an SDIRA down the road and invest with it as you see fit.TL;DR - Lots of opportunities, learn as much as you can, build a solid financial foundation, and take action!

I am looking for someone that can manage calls for emergencies or repairs. 

If you don’t have reserves available to cover unexpected emergencies like replacing HVAC (~ $5K), then it could be a risky deal for you   2.  

However, in a recent conversation with Home Union, a national turnkey-ish company, they stressed how important it is to invest in high-growth and "emerging markets," and said that I should accept cash-on-cash returns of ~4-5% in exchange for the higher long-term gains and reliability of tenants to pay rents in these growing areas.I am conflicted because everything I have read stresses cash flow so strongly and that appreciation is just "icing on the cake."