So noobs often fall into the trap of looking at just lower and lower priced neighborhoods in an effort to make the numers work.And the Rehab-R is deceptivly easy to say, but takes 3-6 months and a lot of time from the investor to design, source materials, handle paperwork and supervise the project. 

They will look at the area and if others have gone through the variance process.

The owner of the property has asked me to manage the process.

I have a few questions on the process.1.

Most importantly, they had no processes documented - so their 2 staff members had no idea what to do and it was a mess.New Lease Fee $275 - what exactly does this cover?

Many hosts on Airbnb have done fine because they knew what processes to follow.

You need processes and people to run those processes to be successful.

However, it's important to consider the risks involved, including over-leveraging, the costs associated with rehab, potential vacancies, and the complexities of managing multiple rental properties.Given your conservative investment approach, it's essential to carefully assess these factors and perhaps start with one additional property to get a feel for the process before scaling up.

I'm attempting to help out a friend's parents who are about to lose their home to back taxes.Is the process as simple as quit claiming the deed to me and then I pay the taxes and hold the property until they pay me back?

There are many platforms but an easy one and one that you may be familiar with is Zillow... you can certainly have that as your application process and you can QR code it; just right click and select 'Creat QR for this page'.