This is part of the problem with "inexpensive markets"  certain buyers flock there thinking they'll pick things up for cheap and then realize that it costs more to repair than the property is worth, then when they decide not to fix it up you get horror stories like this. 

Is the surrounding area cheap because no one wants to live there? 

The current plan is to get her in a cheap month-to-month lease while searching for a more permanent solution.

Property managers don't come cheap, but they free up your time so you're not handling those 3AM calls yourself (or your partner in this case). 

Bob Peterson(317) 440-7498Ain't cheap but thorough like you wouldn't believe.

@Cornelius Charles Since having leads available is critical to call capture and conversion, I suggest you buy a few cheap, brightly colored clipboards and leave them loaded with lead sheets (and a pen; maybe a calculator, too). 

@Steve Babiakproperties with no bid were junk or no land, or mobiles or all three.there were even some properties that sold very cheap that I wouldn't want for free.

I don't doubt that you can get "good" work out of an International VA for a cheap price, but as in anything you get what you pay for and it will show up in the work in which they provide.

I would assume most RTO tenants vastly overpay for the option on the volatility basis but it still seems risky.That is not to say I don't see benefits as well esp. for NMD strategies such as having a tenant probably take care of the property, collecting a premium even if you don't sell and greatly increasing the pool of buyers but I am definitely curious how much better this would be than just buying cheap and renting the property straight away because you get the rent and the appreciation. 

The only way to do it properly is to "wash" the meth off using special cleaners.I can do a cheap test for about the same price as you do but it doesn't make the property an "official" meth house unless you hire an IH and the IH performs the state protocol testing regimen.