On the other hand, if the tenant is required to hire a local company for trash pick-up, this house has a long, fairly steep driveway.

Definitely pick Wisconsin.

Once you have the contractor picked and the final numbers, thats when you can get a "subject to" appraisal, which appraises what the property will be worth after the work stated on the scope of work is complete. 

Cap ex and random maintenance seems to suck away all the profits.

i would just caution you about picking a random property in Ohio and buying it. 

hey guysso im tired of being late to good deals on auction.com... their email alerts suck loli write code in my day job so i built a little scraper on apify that pulls all the new foreclosures each morning. way better than getting 100 emails a day about random propertiesanyone else doing this?

Can any of the "random repairs here and there" be considered material facts that would have affected the properties value and the buyers decision to buy had they known?

They seem random or people with more votes are at the top?

A drunk monkey could throw a dart at a map and pick a deal that made money.

Fear comes from making random buys, hoping they work out, praying they don't loose money.