Would it be a bad idea to buy a single family home built in mid 1930's?

Nearly most of the newbies, close to the 90 percentile took bad deals and either had it foreclosed on or lost tens of thousands of dollars.

So, you just check the cameras to see if you're having bad weather. 

Since I will be managing it after purchase, you can be certain I'm not going to sell you a bad investment.

Some people will say, "Take out a quality Insurance Policy and you will be protected."

It may not be a bad idea to also be added to a MLS search to receive any new build listings. 

Brandon Turner's Rental Property Investing book is an excellent primer to understanding the happy path for purchasing a property - however in this market it really comes down to having bulletproof assumptions on rents/taxes/R&M/etc. as with rates as high as they are/inventory as low as it is, there is less cushion in your returns if you analyze properties with bad assumptions.

They did have an extra step to make sure that you were the owner of the property, but otherwise it was not bad at all. 

The FF rates in my zipcode are higher than I expected and their quality is less than what I'm bringing online! 

Honestly , I have had bad experiences with PM.