Be careful the seller isn't unloading a problem on your.

As a PM, his team would be familiar with areas and could help underwrite the property and take care of the day to day headaches. 

Since you won't be close to the property, a PM will help you take care of everything from far away.

Be very careful who you take advice from online, you should get involved with a local attorney and a local realtor.

Without too much detail I had to quit my W2 job 2 years ago to care for my disabled son and my wife is still working.

As long as no “healthcare” services are provided (like medication or personal care), it’s not regulated by the Department of Health.

There are rules and situations unique to each state and that is why you want to go with a local lender vice someone just reaching out to you telling you they can do it. 2) Better recourse if the lender screws something up: a local lender has more skin in the game so to speak as if they screw something up their name will be mud to local real estate agents in the deal.

Don't care for the Pistons or Cavaliers.

You could also take out equity if you want to keep the condo and use that for another investment, but I’d be careful about over-leveraging.

You need 6" clear from ground to bottom plate, and ground must slope away from house...5) Any place that water can enter the house (doors and windows, skylights, where roof meets eaves, etc...) should be checked thoroughly, if it's not raining on inspection day, you have to be really careful with this...any suspect areas, put a hose on them....