On the outside, look for the positives: proximity to commuting options (bus, train), shopping, beaches, highways, recreation, views (mountain, water, cranberry bogs, forest, other scenic elements). 

Addressing the problems is like trying to put out small individual fires in a forest that is burning.

Fire Inspection, structural inspection, etc.Who is going to manage the asset after takeover?

Fire wall separation?

Fire two years ago.

For example My old PM (I fired) his plumber quoted me once 3k to put a sump pump and French drain in a house that had water getting in the basement and when I flew out to check on it in person I discovered one of the downspouts wasn’t attached and that’s how water was getting in the basement.

My son and I were having a real estate discussion this afternoon, and came up with a question that we weren't sure how to answer.If you have a rental house that is fully depreciated, and is then destroyed - natural disaster, fire, bulldozer, whatever - and then the land is sold, is the depreciation recaptured?

Yes, I had to evict some folks that didn’t pay rent for 4 months (and fire the property manager that kept stalling the eviction process bc he didn’t want to deal with it).

I picked up a house from the court to fix and flip but I'm too busy to do it right now. Anyone out there interested in taking it off my hands.

From the inside, you can always grab the handle and open the door without a key (which is a fire/life safety thing), but you can't get back in without a key.Put locks like that and a door closer on the doors that you don't want to give out keys to might help your concern that the tenants will leave those doors unlocked.