@Alexander Merritt   IMHO low end rentals are only suitable for local investors that are in the landlord business and are going to scale up and own as many as they can get 100's have your own PM and maintenance and that's the ONLY way in my mind that stuff will work over any amount of time.buy the best that you can if your just starting out.

The federal CARES Act requires a 30 day notice in certain evictions where the property participates in certain federal programs OR the property owner has a federally-backed mortgage.IMO, the CARES act is an unlawful piece of legislation that has poisoned America, but if the above clause is true, it is an OR statement.

Another cheap piece of mind for the newer buyer in the market who has been an apartment dweller their whole lives is to off to buy a 1-3 year Home warranty for them at settlement.

Any pointers on who to avoid would also be helpful ;) Obviously this is one of the pieces that can make or break the performance of a deal, so I’m trying to cover all my bases as much as possible

That way they truly care about the project’s outcome (time and money) and are your partner helping you solve the challenges that will inevitably arise during construction.Taking a smaller piece of the pie to gain experience can go a long way in the bigger picture.  

Since you work out of town you can recruit people to drive around for you give him a piece of the deal or family members can help you for.

I used to design cabinets, so I simply sent them all of my pieces and parts and they ordered.

@Mohit Arora to gain some piece of mind in this same situation, I drafted a "Holding Deposit Agreement" document that is entered between the potential tenant and I.The purpose is to use the deposit to hold the rental until the lease signing and transition this Holding Deposit to a Security Deposit once the lease is signed and all other move-in funds are collected.You can message me privately and I can send you the doc I drafted.

If you're planning to buy and hold, then you'll have to check with the city and/or county to see what restrictions (if any) exist for that piece of land.

Looking at buying my first piece of property and finally found a condo I like in a great location, under budget but the HOA is stringent on rentals (all leases must be approved by HOA, approval process seems lengthy and min credit score is 700 FICO) should this be a deterrent for me in terms of buying this as rental property?