. $1,600 in rent (ie: risk if a tenant is not in) for $150 in cash flow is not ideal, now that I've got a clear picture of what's actually going on!

Our goal is to secure the best possible loan-to-value (LTV) ratio, ideally around 80%.

Flipping can be profitable if done right, but it can be time-consuming which may not be ideal if you have a busy day job. 

I would say accountants have to gain here as well, I would add the entity doesn't result in better tax treatment, ideally, it is not done (in general).

You will have to put them all into a single LLC a week or two before closing, ideally they are geographically close together. 

Sounds like an ideal place for you to share and consume knowledge.

Purchase price: $645,000 Cash invested: $32,250 1 bedroom villa is an ideal beach getaway.

Purchase price: $645,000 Cash invested: $32,250 New to the rental program, this charming 1 bedroom villa is an ideal beach getaway.

I would say local property management company is ideal so you learn the legal compliancy, too, BUT we also have many virtual non-local employees that are amazing at their job and have learned a lot in property management even if it's not in the state they live and own their own rental property in. 

Ideally there would be a number for tenants to call, they would take the calls and deal with them.