If the property can qualify off LTR rents, I would advise going that route since you will have a favorable interest rate. 

Let's say you want to build a lead list of 1,000 physically distressed homes in a target zip code with a distress rate of 10%.

The identical rates of change suggest that, although rents drifted downward, landlords have avoided increasing the relative value of incentives packages used to attract and retain lessees.

TR-31 (new mandatory security) requires substantial cap ex to meet regulatory requirements. 

I would expect the success rate to be well under 10% and the make back your money claim to be a best 25%.  

Depending on your budget @Charles Manabat, we've got plenty on the market in Incline Village on the (Northen) Nevada side of the lake- Unfortunately we're struggling with astronomical fire insurance rate increases which is causing many to sell. 

You can probably search the bigger pockets website for attornies that work with investors in your area.If the numbers on the deal barely meet your investment target then consider hiring an attorney to work with the estate and see if you may be able to get an additional reduction in price.

Ive been using State Auto - theyve had some of the best rates but for whatever reason are leaving the area.

The yield on the 10-year Treasury slid almost 8 basis points (as of writing) hovering at 4.158% following remarks by Fed Chairman Powell on Monday that the central Bank will not wait until inflation has reached its target rate of 2% before cutting interest rates. 

The ARV value came back at $201,000 and a condition rating of C3 with a reported median rental figure of $1,595.