( as you know they have all failed)  I pictured myself making a $35,000 per month payment with no tenant. 

But they mostly cover Western states.

I do have a program just for single family homes but we cover funding in a different way.

If you're looking at this from a distance, connecting with a local property manager could give you a clearer picture of what to expect in terms of tenant demand and property management challenges.Let me know if you need any more info or want to chat further about this.I hope that helps

You mentioned the roof and AC being new and i'm assuming they're in good condition.10% should be enough to cover the random water heater that goes or any other lesser headache. 

And in my opinion, his book covers everything a newbie needs to understand: from asset selection, to evaluating sponsors, to capital structures.

Although the plumber said after looking at report pictures, he thinks it is terra cotta.

I can't remember the last time a tenant's pet cause damage that wasn't covered by the deposit. 

I've heard Propstream might be worth looking into too.3) I think when you're starting out, you should go ahead and take the pictures. 

This is a very common agreement, in your space your problem and they also should have insurance that if its extensive insurance would cover it.