They have decently updated styling and affordable prices and everything gets delivered. 

If you have already achieved financial freedom and want to spend your time doing activities that you want to do, then perhaps sacrificing that % to outsource makes sense.

This is the technical aspect of marketing before you even get to the parts we normally think of as marketing: copy, style, delivery, etc. 

Yes - You have two options in terms of primary home - FHA 203K or Fannie Mae renovation loan for primary homes "Home style program".FHA carries a life-long MIP (Mortgage insurance premium .55x loan amount/12) plus a 1.75% upfront MIP 1.75% x loan amount financed into the loan> FHA does allow higher DTI ratios front and back.Fannie Mae - PMI falls off at 80% LTV- PMI typically has a lower ratio versus FHA ,55% compared to .25-35% for an example with good credit (above 720) it drops for higher Fico scores (less risk).Both loans can be a painful experiece for the buyer if there are any issues with builder, work delays, inspection issues after work/draw phases, and overall turn time from application date to close.

Nothing else this size/style in the area, everting else is in town, that could be really good or bad, not overly sure. 

The primary interest is in a 4 Bedroom, 2-3 Bath 1 Ranch Style Home (1 Floor).

In FLA were we built production style U can build pretty cheap.. but keep in mind these are basically built to the minimum ubc codes.

That will give you online rent collection ability, maintenance request facilities, and a few other bells and whistles you may find useful.if you're looking for a bit more functionality or a HUD style of dashboard you'll likely find RentRedi to be a pleasing option.

If you are interested in the book to learn more it's called Lend to Live and you can get it in the BiggerPockets bookstore in whatever format fits your learning/reading style.  

If you’re investing in this style, build those numbers into your pro forma and plan for it in your renovation schedule.