These are required:Rental AgreementSmoke Alarm / Carbon Monoxide AlarmMold & Mildew AddendumSafety AddendumSecurity Deposit Addendum + Notice of Security Deposit RightsMove-in Accounting (Portland)Condition at Move-in (Portland)If the property was built prior to 1978 you'll also need lead-based paint disclosures.

The way I'd establish a ranking would be to look on the muni website, compare price per sq/ft, compare condition of buildings, look at neighborhood density, compare days on market, etc.

Buy a solid home and remember it is a rental (ie it may not be your style, but it is a good home in good condition or will be once renos are done). 

It also gave me a historical record with photo for that property and it's condition just prior to tax sale.

The overall condition of the property is relatively nice.

Look at zoning either online or at the City or County courthouselook up both the Zoning Map and get a copy, if one exists of a Zoningtemplate, which explains what each zone permits and may allow under aSpecial use or Condition permit.B.

General maintenance, budget depending on the age and condition of things.

, are vacants in rentable condition?

@Daniel VernonAt only $155k in Ouray, and has been on the market for a bit, I would definitely want to know a little more about the condition of the house.

I want it to be in decent condition when I purchase.