Technological advancements are reshaping the real estate industry for investors in various ways:Data Analytics: Advanced tools offer insights into market trends and investment opportunities, aiding informed decision-making and risk assessment.Virtual Reality (VR) and Augmented Reality (AR): Remote property exploration with virtual tours saves time and resources, attracting potential buyers or tenants and expediting transactions.Blockchain: Secure transactions via smart contracts reduce intermediaries, costs, and fraud risks in property dealings.Online Platforms and Marketplaces: Digital platforms broaden access to properties, investment options, and real-time market data, enhancing efficiency and transparency.Artificial Intelligence (AI): AI algorithms predict market trends, identify investment opportunities, and personalize recommendations based on investor preferences.Internet of Things (IoT): IoT devices provide real-time data on property performance, enabling cost reduction, efficiency improvements, and better tenant satisfaction.Crowdfunding Platforms: Real estate crowdfunding democratizes investment access, allowing smaller investors to participate in projects previously out of reach.In summary, embracing these innovations enhances efficiency, transparency, and accessibility in real estate investment, enabling investors to capitalize on emerging opportunities and stay competitive in the market.Thanks!

How long do you expect to do the reno / how much do you expect it to cost?

Lets call that the :( side.2) And there is the happy side... passive income (syndications, passive partnerships ie medical/dentist offices) and passive losses (depreciation, bonus depreciation via cost segregations common in syndications).

How much would you suggest having in the bank after the deal goes through and I have paid the down payment and closing costs?

The cost of living is extremely low compared to other cities and you can still many many positive cash flowing and 1% deals here.

Who is funding the purchase, renovations, holding costs, etc.?

Require a deposit that's at least the cost of a months worth of rent. 

Yep, you need to cover all utilities, though it's becoming more common to put a cap on certain costs, primarily electricity, although I've seen caps on gas and water in areas where those utilities are very expensive.

If you pull a HELOC or complete a refinance it's going to cost you money.

How long is the eviction process from start to finish, and costs to evict?