Vinyl plank is a great alternative as well.

Should I just automatically write these off or is there some alternate way I don't know about to find out what the insides of these homes look like?

I'm already working with a great agent (@Harrison Smith) so I'm covered on that front, but I would be unbelievably grateful if anyone who has done one of these loans in Maine could point me toward a lender, a HUD consultant (203k), and most of all a contractor that is familiar with and comfortable with the funding schedule and quote structure these loans require. 

I am actually glad that you brought up the alternative route of looking into being an assistant manager or something similar for a multifamily owner or developer.

If you look at the math though and you have investment alternatives that will generate more than 3.5% then the decision is simple and always gives the same answer.

I would (1) check your local laws to see what they say about giving notice for month to month leases in your area, and (2) do NOT offer the rent increase alternative if that's not what you want.

The ADU will generate a rental income of 2,000 a month.The cost to build an ADU unit in California is about $200 per sq. ft about $160,000 costThere is also the alternative to install a prefab unit made of storage containers and the cost for the same sq. ft. is $100,000.Both alternatives will generate the same rental income of $2,000 a month.If I decide to sell the house in about 5 years, having a prefab unit will not increase the value of the property as much as if I have conventional construction unit?

Alternatively they own the LLC and pay you X% of profits based on gross rents and it is structure as you are a true management company/individual.

i haven't looked recently at the advancements, but are there any alternatives to carpet people suggest, including hardwood, that don't create a noise problem.Also, since a rental, I wouldn't want it to be cost prohibitive.I also like the idea of something that is a bit less maintenance than a carpet which is sometimes a pain to clean, repair or replace when tenants move out.Thanks for any input!

Most owners are in buy mode and not sell mode unless they get a crazy unbelievable offer or the place is located in a crap hole D to F area being pushed off as a B- location to the unsuspecting investor.If you have limited experience with multifamily and very little money that is a tough combo right now.