We buy from a wholesaler who estimates the after rehab value as well as the rehab cost.The manager would be responsible for viewing the properties, closing on them, interviewing the contractors, taking bids, paying the general contractor, turning utitlies on and off, obtaining the general permit, coordinating the different personell etc.  

If they own several they are obviously investors.Once you get a response from the seller of the vacant house, negotiate a deal to buy it for all cash and get it under contract.

I seriously doubt the bank is going to work with you as an individual contacting them unsolicited.

Don't worry about NOI from what a realtor is going to tell you because each person will likely come up with a NOI, and would you trust their response anyways?

I'm hoping the lease is good enough that it contains some mention about tenants taking care of the property.My lease specifically forbids pets and in a couple of cases where I did allow pets, the pet addendum states this:  "Tenant accepts full responsibility and liability for any and all damage, injury, or action arising from or caused by tenant's pet(s)." 

It would be very helpful (and you might get more responses) if you use punctuation and formatting.

Sorry for the long due response!

@Adam SipherdSee following regarding self-employment income. https://www.irs.gov/individuals/tax-trails-self-employment-income-9

This response neither constitutes legal or tax advice nor establishes an attorney-client relationship.

Thanks for all the responses.