So there is a serious problem with mainland Chinese investors buying up inventory, driving up prices, and then really neglecting the properties that they do own to the point that they're becoming derelict.  

Have you ever done any kind of driving for dollars or anything of that sort.

I have considered deals out of state though and what I have found I am most comfortable with are areas within a 4-5 hour drive max so I can get to them relatively easily if I absolutely needed to.

And as we all know- success breeds the drive and desire to find more properties and opportunities.

Drive the area.

Most look to be mom and pop when you drive by and call them.$1,250,000 PPHe will carry 250K at 5% for 10 years on a 30yr amortization.

My younger self would be driving Amazon by day at $25/hour and taking online accelerated courses for business administration BA and MBA, and get certifications in project management like SAFe Advanced Scrum Master or Certified Scrum Product Owner. 

For example when I was driving to a showing I tried to memorize the script to get a buyer agency agreement signed.

We have a large 55 and older park but it is in a pretty remote location in the so cal desert so its not like thousands of people are driving by us each day.

another big "it depends" item is washer and dryer connections, not having that will make the property a very sub-par-dated property for example. at the end of the day, the biggest driver is:its rental income and cost of management and if tenants are good payerscost of maintenanceand in Texas (lots of places in Texas experience this), an appraisal district can torpedo local sales prices by harassing us very high values, making more owners want to sell and get the hell away from them.. many taxing authorities net more off an apartment property than some of the apartment owners around here... just saying that is a real factor you have to consider always but often over lookedand insurance, we got hurricanes really screwing us over on insurance, that will drive down values too