Was a story on NPR this morning about the federal push to get permanent housing for Veterans (story here).  

I have started looking in places outside my area, but I'm concerned that because I'm so far away I won't be able to make the right decisions when problems come up. 

@John Blythe At that price, I would personally be concerned with what your capex would be.  

Concerned they are not legit.

A PM is an intermediary and their business is NOT refurb/rehab and if you elect to use one, they'll just smile and proceed without concerns other than you pay the bill.a) network with friends who have remodeled recently to get names and first had references - - one of these are work 10x any website review.b) learn as much as possible about what you WISH to be done vs what actually NEEDS to be done (ie know the needs vs wants problem we all have) as there's lots of cash between them.c) read up on contractors bid process in your state, the allowable deposit and how to make progress payments.d) set a completion date with penalties for missing it.e) a contractor must have a license; verify and find complaints. f) must have liability insurance and be bonded (this protects  you from him just walking away).

One of my concerns is not being able to close within 30 days with a bank loan and possibly losing some are all of my deposit.   

I'm looking to invest mainly in rentals in Jacksonville, FL -where I grew up- within the next year and move back permanently as soon as possible to manage them. 

For sake of respecting the rules of the forum, I'm not going to start explaining things or promoting the service, but would be glad to answer any questions or concerns you have about it.

Some concerns that I have are: -  the general process until close- the role my mom has before acquiring the property (she lives a few cities away)-information that would be needed for the loanThanks again!

I know I can remove the mold easily, but am concerned about future value and legal ramifications should the mold grow back.