I woud have answered this earlier, but I have been out all day with a client from out of state looking at several of thease type of properties. Some that we looked at today are boarded up, some not. His criteria is similar and that is why I keep a flashlight and an electric screwdriver in my car handy. In the last 60 days we have purchased 9 of these bank owned fixer-uppers. We have finished 7 of them and they are now for rent (well, half are now rented already).
I am, as well as a licensed realtor, a licensed contractor. That being said, I know what to look for in these types of homes. You should check with at least 2 or 3 of the realtors that respond and choose who you feel is the best fit for you. I would be more than happy to discuss helping you out.