Design and finishes are typically owner functions.  

Not a lot of functionality, but would have been useful to me when I started out 

Business forms usually near downtown or a particular area that's generally centrally located to popular functions and the hub of the city. 

Check out this data visualization I made showing migration by county, the rent/price (1% rule indicator) and population data.

@Mounish ThatikondaThree beds and one bath is less desirable than having 2 bathrooms or even a half bath. 3/1 can make some of the best purchases because they are functionally obsolete and may get passed up by many buyers allowing you to get a better price.

I'd look at population growth and job growth next.Cash flow is not only a function of the rent and purchase price, but also that of your loan value. 

Just remember, returns are a function of risk and effort, so don’t fall into the trap of buying low cost assets with the promise of high yields.

However, if you elect to own the real estate in your personal name, creating a separate LLC to perform property management functions and to collect rent provides absolutely no added protections.

If your only goal is just to find more deals, then Loopnet serves the same function but for free.

I believe most homeowners policies assume you have a functional buildings which you may not, that is where the vacant building insurance comes in.