It doesn't mean you shouldn't invest in it but you should have a network of very trustworthy people in this town that you can rely on to monitor your property.  

If the plan is to use leveling cement, and it needed a substantial amount of it, the added weight might cause it to get worse quickly without additional support.If you're good with renting it slightly below the average in your market and most of the rental homes are a similar vintage, I wouldn't mess with it.

Being able to monitor/review cleans remotely was a huge thing for us (made it worth the fee), but the inventory tracking feature they've added has been an amazing addition to our workflow.I am surprised by how many guests actually use the checkout notification, but it's also been great for us and has even helped "convert" a few would-be 3 Star ratings into 5 Star ratings.If you have a fantastic cleaner who will be with you forever and you can trust to handle everything you need then don't sweat it, just use a shared calendar and some texts/emails.

Bigger Pockets has some great state forums and usually there are good locals that monitor those.

If you have it in writing e.g. tenant sent an email to the seller asking them to fix it then that would carry more weight.

You need experts on your side and those people are worth their weight in gold.

With that said, the lowest price is not always the best deal - a good property manager is worth their weight in gold. 

Bigger Pockets has some great state forums and usually there are good locals that monitor those.

Bigger Pockets has some great state forums and local real estate investors do monitor those.

You then weight that against your current cost of living.