I confirm prior to booking their pet is house trained and is a minimal barker.

I still think this plan is too risky, but at least it minimizes the risk some.

As @Stuart Udis said Point Breeze will being you the best tenants but it's an established market already so the appreciation is going to be minimal.

I'm am in same boat as Michael.I use the built in tools to do everything I need with minimal effort to run the business. 

Despite being aware of the initial no-repair status, I opted for a home inspection, which yielded pleasantly surprising results with minimal concerns, primarily cosmetic.

Pick a color or pattern that hides things well.Knobs/pulls: look for something that can't catch on clothing.Paint: avoid bold, dark colors.

We provide dark grey washcloths in every bathroom for just that purpose.

Even being out of budget, that transparency is really valuable and not leaving investors in the dark! 

From deductions for mortgage interest to depreciation benefits, there are numerous ways to minimize your tax liability and maximize your returns.

-Loan Extension Fees-Early Payment PenaltiesAll of these can really add up Lots of good advice from everyone else above, but wanted to add this as if you can find a lender that minimizes these extra charges that can make a big difference