Aside from downpayment, you want to have a solid emergency fund in place, something that can cover unexpected repairs, vacancies, or any other random costs that pop up.I’d also recommend saving more than you think you'll need and keeping a close eye on your expenses.

I'm thinking I could have someone manage the build as my eyes and ears when I'm working.

I have heard many times (from managers much smarter than me) that if you aren't getting as many eyes on your listing as you want, then you must lower the price!   

The rebound in single-family home sales is impressive, but what really catches my eye is the inventory growth and the trends in townhomes and condos. 

I have my eyes on New Haven, CT given its growing population and proximity to universities.

I tried a big out of state flip due to living in a HCOL area and it failed miserably because I couldn't keep eyes on it and didn't have a good/honest team in place.

Be where their eyes are searching, but it's not as simple as asking here. 

Evaluate potential rental properties with a keen eye on location, cash flow, and potential appreciation.

Now, I would not buy a property unless I have eyes on.

Your eyes never stop looking.