What type of tenants typically live in places like that and are they easy to find? 

My only exit strategy would seem to be resale with appreciation bc at $420K purchase price (new build in nicer area), I'd never generate $4200 monthly rent (typically around $1800-1900 here).

You would typically want to have your contractor walk the property with you before you make your offer so you can factor the rehab estimate into your analysis and then you would have an inspection done immediately after you get the property under contract during your contingency period to make sure there's no other issues.

If we contact one, will they generally put us in touch with the other professionals they typically work with, or do we go out an find our own?

Typical motivated seller phrase: "I'm out of state, I just wanted to get rid of the house", etc.What caught my attention is that he says he's been living out of state for nearly the length of an entire high school career.

I'm sure I have to record a "note"....but not sure how that happensI know all terms are negotiable between us, but what are "typical" interest rate and termsThanks for your time & advice!  

These two together seem like a red flag, or is this a typical appropriate attitude for a seller to take? 

However, I don't want to be a typical real estate agent. 

In the down turn cycle there were almost no new builds and lot's of foreclosures and short sales which required lots of adjustments and repair estimates.125-150 is typically a full interior BPO where they take pics inside and outside of the property.

Homes with septic systems are typically less expensive for several reasons1.