I would recommend at least $300-$400/month in cash flow after expenses to make this potentially worthwhile on a SFH.

I'm looking to purchase some land in Martinsville, VA from out-of-state, and wanted to know if anyone is able to recommend a reliable property manager that services Martinsville, VA.

What some people on BP don't seem to understand is to stop making the assumption that everyone is not working their best at thisif you have to provide negative comments or any sort of negativity when providing advice, then advice or recommendations shouldn't be your fortéAs i mentioned before.

It kills me but I recommending to some potential clients to not buy currently. 

If you’re not already using similar software, I’d highly recommend exploring these options—they can save you a lot of headaches down the road.

What legal actions are recommended here?

Also recommended getting a home inspection. 

what markets do you recommend to look at? 

For a first time investor, I definitely recommend house hacking for most people as homeowner loans are by far the best in terms of rate and LTV. 

--------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?