Looking for certain things I need to watch out for or any advice that would help.

Just like everything else in life, get started, keep honing those skills (i.e. keep reading, keep learning, keep attending the meetups) and watch yourself get better and better witch each property you buy.I hope this helps and good luck on your real estate journey!

What are some red flags to watch for when interviewing Property Managers?

One thing to watch for and to consider with your numbers are the taxes in Hartford, they can be very high!!

Of course bidding quickly passed my 30k tap out point.I wanted to see where this thing went so I watched the rest of the auction.

You need to get educated and fast....I know it's overwhelming, but you need to be spending a couple hours a day on sites like this Forum, reading books and watching YT videos.

I actually had to get enough units where I could offer tenants multiple housing options when I purchased properties rented at way under market rates and then (an embarassing number of times) personally watch tenants that would "suffer" from a rent increase turn down smaller (but nicer places) or  nicer places in a less prestigious zip code (sometimes only minutes away) before I realized that I was hampering my ability to earn a living in order to subsidize the lifestyle choices made by a some random stranger that happened to live in a property I bought.

See this video: https://www.youtube.com/watch?

We have always been heavy travelers so this has been a great fit.Another item to watch for are areas that are tightening regulation and areas that are the wild west that now have an oversupply of airbnbs.  

Once you know the reason(s), for the flooding, then you'll be able to figure out a solution.I'd also strongly suggest that you don't re-finish the basement until you've determined the cause of the flooding and fixed the problem (last thing you want is to re-finish the basement, and have it all ruined again by another flood).I'd suggest first watching some videos on youtube on flooding, drainage, groundwater, french drains, sump systems, water catchment systems, etc, just to give you a better understanding on what can cause flooding, and what types of fixes might work.