I assumed all essential forms would be included in the package.

(My market has 2.5% property tax and I am assuming 2.5% for maintenance) and a 6+% APY for an investment property.

I hate big walls of text and believe most people do too. 

The only people you could partner would be family like your parents.

They have a bathroom included but it was not disclosed that we should check on the status or anything like that. we assumed everything was permitted. 

Depends on what you can get in rent on the condo, assuming you are converting this from your primary to investment at closing.

In contrast to what I assumed, the majority of my rental income here in the northeast comes from summer rentals since that’s school vacation weeks and no matter what you’re charging on ski weekends it’s not matching the rent from an entire week’s summer stay. 

And of course, they may choose to not renew.Also remember, many listings are priced with the LL assuming at least some improvement costs needed for new tenant, which you don't have. 

I know that there are some extra requirements of the USDA loan like the property needing to be in move-in ready condition, but assuming I would be looking at move-in ready properties, are there any other hurdles I am overlooking in using USDA financing? 

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!