@Robert KentosI would go with a commercial loan obviously. 1st colonial community bank and American Heritage Federal Credit Union we’re both good.

@Don Carey I manage over 300 rentals and would love to take on a job like that, assuming you agree to compensate me for the time.If you purchasing the property through me, I would obviously perform all these tasks as your agent during the due diligence phase.If you were buying through someone else but asking me to manage them, I may still assist in an effort to prove myself and win your portfolio for property management.if you were asking me to assist but not using me for the purchase or the management then I would charge you a premium for my services, probably $100 an hour.Let me give you some free advice and say you should be careful when establishing a new relationship.

I was told that pilings add about 10% to total cost so don't see that as a major factor.

If you're totally new to the area, I would look for a rental like what your are considering renting out. 

You’ll see lots of CPAs on this thread say that the price you said is cheap or whatever but they’re obviously biased.

Let me know if you or someone you know might be interested.Loan Requested:$40,000 (secured by a second deed of trust)Interest Only Rate: 8%Total Loan to ARV (After Repair Value): 76%Loan Length: 6 MonthsMonthly Payments: $267Total Interest Paid Up to 6 Months: $1,600 (plus the principle of $40k back then; if money returned earlier, it'll be however many months the money is out)Is this a good deal?

As for the turnover rate you are obviously putting aside cash for the months that you are not receiving rental income, and if you find a management company worth working with they will have a tenant replacement fee (mine is $500 per unit).

I found hondros college has some online classes (the 4 I just listed) for a total of $1600.

Obviously, i can't inspect the property because of distance.

She does have 2 Brothers who I cannot get a hold of no matter what I try and they do not Live here in Tucson, They obviously don't seem to care for the property or want it.