I'm in the process of converting my Primary Residence into a vacation rental, and this would solve a major logistic issue I have with granting access to the house.

What should my search criteria look like in order to receive the properties that need major rehab work done.

Most people can find 30 minutes or an hour in their day to meet someone who could help them expand their portfolio.I am willing to bet the majority waste more time analyzing garbage deals than if they were to take a half day, go meet 4 stud wholesalers, and get quality inventory that way.

A large majority of the turnover happens around the same time.

Stay away from major plumbing, electrical issues, etc.  

Its a major installer (been in business for over 30 years) and they are very close to the property.  

He put it on Craiglist for $1,800/month and got 80 inquiries within the first 24 hours.

Majority of contractors are difficult.

I don't think I'm going on a limb by saying that $145/mo is barely enough for maintenance let alone major capex for many HOAs.  

As long as we don't have to take a major haircut on the market rent we are able to charge, we look forward to the opportunity to help people improve their situations.