Thanks for the additional info @Scott Elkins I've connected with @Teri S. since I'd noticed she was organizing that meetup, but I won't be able to make it since I'm not physically in the area :(I don't have a ton of capital at the moment so I'm debating between using most of that capital for a long-term buy-and-hold vs trying to find a BRRRR.The long-term buy-and-hold would be attractive to have some cash flow, but I'm leaning more toward wanting to work to find a BRRRR deal so I could try to have the cash flow plus the option to pull some or all of the initial capital out to put toward another deal.Any thoughts on whether it's better for someone to have their first deal be something "easier" like a cash-flow-producing LTR vs going for the BRRRR ?

I just acted as the bidder since the buyer was not physically capable of placing the bid.

If it would be of value, I'm happy to take a look at how the market analytics/physical attributes of the building itself stack up in the market.  

Seller acknowledges and agrees that in reference to the physical condition of the Property, Seller agrees to: (a) disclose in writing to Buyer defects in the Property known to Seller that materially affect the value of the Property that cannot be discovered by a reasonable inspection by an ordinary prudent Buyer; (b) carefully review, complete, and provide to Buyer a written Seller property condition disclosure as stated in Section 7(a); (c) deliver the Property to Buyer in substantially the same general condition as it was on the date of Acceptance, as defined in Section 23, ordinary wear and tear excepted; (d) deliver the Property to Buyer in broom-clean condition and free of debris and personal belongings; and (e) repair any Seller or tenant moving-related damage to the Property at Seller's expense.

Id most likely be moving out of state and wouldn’t be there physically to help maintain it.  

But for giggle, let me point out that these materials may physically last 20 years but may have a much shorter useful life in terms of attractiveness.

Tenants are required to receive physical notices (mailed, hand delivered, or attached to the front door) in addition to any email version you might be sending.Best of luck!

I bought my property entirely remotely, and once I physically moved in that is when I started to look for leasing resources.

Obviously, a professional physical inspection also, to verify condition. 

Friday 1/24/2010: Tenant calls at 2:21AM (leaving a lengthy voicemail) stating that there has been a domestic physical altercation, there are police at the property and the back double sliding door needs to be boarded up and replaced because it was ruined.