The thicker the wear layer, the longer it will last before it requires replacement. 12 mil is sufficient for most applications.

Are you estimating that $60k will be sufficient for a complete rehab, or are you just updating bathrooms and a kitchen.

I keep telling myself if it makes money, it makes sense and there is no wrong answer as long as the numbers are sound and I've done sufficient homework.

Many OOS investors set themselves up for failure because they don't truly take the time to understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That OOS property Class rankings are usually vastly different than the local market they live in.7) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.8) Class A is relatively easy to manage, can even be DIY remote managed from another state.9) Class B usually also okay, but needs more attention from owner and/or PMC10) Class C can be relatively successful with a great PMC (do NOT hire the cheapest!)

Will it look like a professional job with a nice 1/4" or so bead, applied sufficiently to fill the crack/seam/joint (but not use an 1" wide 2" deep 'bead' because the carpentry/masonry/trim/backer-rod wasn't done properly and the caulk is used to hide crappy craftsmanship)?  

According to this government website, 30 days notice is sufficient.

Three days is sufficient to review, ask questions, and sign.

It's getting difficult to make a sufficient number of calls each week to keep the funnel flowing so I have been looking into outsourcing some of my cold calls.

You can opt for higher personal liability insurance when purchasing a homeowner's insurance policy ($5 million is sufficient for 1 property - later, when you have multiple properties, a $5 million umbrella policy covering all the properties over and above the individual policies are recommended).

The bank will most certainly appraise the remaining properties in the blanket and may deem the value of those to not be sufficient to collateralize the remaining debt and force you to pump more cash into the deal.