@Nnamdi Okwerekwu  You've correctly identified some of the risks.I would first go in to see the property with an experienced Realtor from your office or maybe your broker. 

Give each room it’s own identifying name.

However, I'm having trouble identifying a market.

Once you identify the metrics you are looking to control you may find it easier to make something that fits your needs.

Honestly I haven’t identified any specific properties just yet.

I am looking for recommendations to help identify and fix a heating issue.

I’m in the midst of identifying my first  Mutli family deal and going through a bunch of scenarios as practice and also some actual potentials as part of finding a deal.Outside of asking a real estate agent to run comps, What do you use to compare the value of a property to see how it compares to others in the area for commercial multi family?

But overall, looking to understand the tools and frameworks used to identify healthy rent and rehab marketsIf a market isn’t rehab friendly for out of staters, can you make it so?

Maybe you use your criteria to identify which properties you want to schedule showings for.

Identify one and work with him/her.Goodluck