Although we haven't received a preliminary estimate of repairs yet, we were told today that they would fix the property from top to bottom inclusive of roof, side paneling, plumbing, etc.My question is: Should I take the route of the $86,000 in which the essentials are taken care of or should I take the route of the $130,000 in which the property is fully renovated? 

("Typically, a payment is considered “non-employee compensation” if it is made to: (i) someone who is not your employee; and (ii) for services in the course of your trade or business.")

These are typically 6 weeks for the field we are looking at, and we think it would be interesting to do.

When your Dear Old Great Granma goes off to her Final Reward, she will typically leave behind a house chock full of mementos, from the basement to the rafters.

All their info is essentially online in the public land records

Here's a typical strategy, buy a home you know you won't live in forever. 

I looked at a couple of "typical" BRRRR type of houses but they needed way, way too much work.The previous owner passed away and the family is only asking $100k for it when the value is about $120k.

My idea was to create a Manager-managed LLC for each, with Operating Agreement showing me as 99% owner and son as 1% owner and then take a note (either HELO or 1st Mtg) on Rental B and pay off Rental A [because my Mtg Broker in Rental B state is great].I want my son to take 100% ownership of both properties if I die, but essentially be powerless for now (until his contributions of time/effort or money start kicking in). 

I am considering renting to a marijuana company in MA and was wondering what you guys are seeing for typical rents?

You’re right about the headaches of the lease option....My primary concern is my ability to get a loan cause in my previous job I couldn’t...I was essentially thinking to start with an fha loan since I’m gonna be house hacking.