Also, this is why you pay for a good real estate and business focused account.... so you don't have to try to figure out something that is not your expertise or specialty. 

Having done 12 flips you are experienced to do flips on any market.

I’ve been having trouble trying to find any.

So outsourcing some degree of property mgmt would be a must... but the deal won't work paying a local property manager a large % of my revenue...Instead, I would set up my "boots on the ground" (cleaners, handyman), and would need an offshore virtual assistant to manage guests and coordination of my local team. 

To give you a background, I have a property in Maple Valley City in Washington state with a clear title paid off for land.

We have wanted to own a downtown property for a while and stumbled upon this deal.

I did end up having my dad help out, but I made the original payment and about half the remaining.

The next line item down under terms states: "Any notice to terminate this tenancy must comply with the applicable legislation of the Commonwealth of Pennsylvania (the "Act").

I really liked finding the probate houses there, which often have great structure and outdated paint/carpet.  

Im also invested myself and have been dealing with the housing market for 18 years.