But honestly, there could have been interior issues with mechanical/HVAC/plumbing systems that I could not see from the photo.

There was 2004 remodel that updated mechanical, electrical and sprinkler systems.

It takes vetting like going to see a mechanic or using a plumber or an dentist etc. 

Mechanic's liens are a bit tougher to negotiate.

I agree with you that SFRs are mostly a way to play with appreciation as whatever cash flow we think we’re getting is really not enough with all the sub-standard appliances and mechanicals that’s get put in the homes these days!

HmmmmmThe market mechanism keeps us all sharp.

I've toured and it is rent ready so shouldn't have to do any repairs (maybe smoke detector batteries), appliances are brand new, mechanicals <5 years old. 

You may wish to confirm that the new 401k provider has experience with the particular investments in which you intend to invest your retirement funds as you very likely will have questions in terms of the mechanics (e.g. how do you invest in real estate, etc.).3.

Then, you should ask about the major mechanical systems (roof, plumbing, electrical, HVAC, foundation, etc.), you should research the market and neighborhood,ask for sale comps, and then you need to underwrite the deal.I'm happy to help you with the analysis but I would need more information than what you provided.

Hi @Joe Krug, crowdsourcing platforms exist because there is no efficient market mechanism which matched capital with deals.