Are you going to sell and reinvest (i.e. trade up), borrow against it, let it sit on your books so you can feel satisfied that you have a fat balance sheet?

Family member then refinances the home, and gets a nice fat check3. 

As far as the mortgage, insurance, and taxes, that’s exactly what I was thinking, I’m not opposed to moving to the area, and I’m lucky with my current financial situation, I could pay for that out of pocket if needed, not ideal, but it wouldn’t burn me, I wouldn’t lose it, or have to foreclose and honestly it wouldn’t really hurt financially other than projected return.

Find out if they already have hookups (maybe from a burned down house) since those lots are worth more to an investor.

. $22K sounds like the perfect amount for a rehab on a small SFH, or a fat down payment.

If other locals I talk to then tell me the crime is bad, I burn that realtor's number. 

That is, if the home burns down, your lender is not covered.

You want to have the most applicants to screen from as well as get them fast, you are burning through money every day!!! 

If the filter is discolored and not dirty they probably burn candles or is caused by some type of smoke.

Well he almost burned my apartment down and killed himself.