There is no point in looking at a home that can not reasonably obtain a permit.

Install low flow water heads, swap the washer/dryer with High Efficiency models, replace the water heater with a tankless version and lock the temperature at a reasonable level, install smart thermostats that will automatically reduce the heat/cool when it senses no one is home, swap all the lights for LEDs, etc. 

A reason in all markets to potential keep at this time is that you may have significantly lower interest rates if the purchase was done no later than q1 of 2022.  

I stopped reading after reading your subject line...know this:The #1 reason why landlords fail is due to their failure to manage to the lease (Source: American Apartment Owners' Assn). 

I don't want to get into specifics but we passed on the property for a couple of reasons you mentioned.

Brett,I have never heard of that company but any reason why your not using an FDIC Bank or well known lender? 

This amount provides a reasonable safeguard against potential claims if something goes wrong, like an accident or damage to the property caused by the tenant. 

Are there any specific areas that are reasonably priced compared to the cities? 

If the neighbor owns a dog or has other reason that even a temporary dismantling could be problematic, you'll want to let them know that the fence is being replaced so they can mitigate any damage to your property or crew while it is being replaced.Hope this helps...

I worked for a property management company that requires all potential tenants to check into the main office prior to showing as a means to provide a safe showing for the employees.