Also, I have helped build my oldest son‘s credit where he can get a loan. 

If your property is up to par you won't really have many maintenance calls except minor stuff such as plumbing clogs which is more likely to happen and requests to turn the AC up or down which you can do on your phone but other than that pretty hands off.Vacancy depends on location and your Padsplit property score the more comfortable you make your property (mini fridges, tv's, outdoor area) the lower your vacancy rate but you can expect about 10% vacancy factor in a Padsplit friendly area (centrally located, easy access to public transportation).

Insurance, bank accounts, credit cards, etc.You are probably making your life more complicated and expensive than it needs to be.

Policy will not impact the market for a while, even a $25k first-time home buyer credit will need some time to work through the system.

@Ramada Evans- 1) if buying as a rental and  financing it - your down payment will need to be a min of  15% of the  purchase price   ( so thats either  30,750 at 205K price or 32,850 at the 219K price ...so  not much of a down payment  difference   2) if it appears that there isnt much competition  or interest in theproperty - the lower price might be OK   3)  you might also consider   asking the seller for a seller  credit you can use towards some of your loan costs   4) get pre approved  if you arent already pre approved 

Down payment, closing costs, boosting credit score, etc. 2) Find rockstar team members that will be your boots on the ground to help you find a great property to invest in.3) If you're considering your house hack ROI.

Having bad tenants is not something you would like to have, thus make sure the tenant has sufficient income, credit, and who they are.

Inspections may cost more upfront, but they can save you from significant headaches and unexpected expenses down the road.Negotiate Hard: Use inspection findings as leverage.If the HVAC is near the end of its life, negotiate a credit for its replacement.If the cast iron plumbing is deteriorating and needs replacement, ask for a credit as well.Sellers often prefer negotiating credits over doing the work themselves.To give you an example: I was once under contract for an old house priced at $170,000.

There are DSCR programs that go down to a 620 mortgage FICO score-higher credit scores will have better rates.

If the security deposit is not going to cover the the water bill or damages, try to scare him into covering the balance by hinting at sending him to collections and it will appear on any future credit pulls he may have done.