@Brian M Sweeney the $20k is my emergency fund specifically for situations like this.

Please help me formulate a specific plan that will get me there.For example, I could obtain $100,000 by owning 20 units that each provide $5k in cash flow each year ($417 per month). 

IF the faucet replacement is up to snuff, I would give him a deduction for double the cost of the faucet and specifically tell him NEVER TO REPLACE ANYTHING AGAIN.

Even more specifically, I am interested in building connections with people who have renovated homes in those markets; I enjoy renovating/rehabbing, so my husband and I are looking for something that needs a little TLC for our next property.

Specifically, how will lenders view this.  

This could be a huge issue with a property that is currently unlivable.Contact zoning and tell them specifically what you're looking to do and specifically let them know the current condition of the property. 

Hello Nataliya, buy & hold, flips and, for a niche I'm specifically targeting, rent-to-own.

Unless it specifically states they have to pay online, which in this case it won't, you can't make them. 

Specifically old dead peoples houses.

It's actually an amazing relief, after some paranoid litmus testing, to find myself discussing the specifics of my deal with no concern for being taken advantage of, or having to lie just to protect myself from other lies. etc.