I'm also having issue with no onsite manager, but in regards to insurance. 

I’m wondering on the process of getting things in order to rehab the house through insurance and put it up for sale.

I just learned that builders risk and liability insurance coverage can cease once a CO is issued for a new build.

[1]    You might want to think about opening 2 FDIC insured savings accounts that have no fees.

If I paid cash for this property, the HOA + Insurance + taxes is around $500 / month. 

The property was rented and generated $160 cash flow after mortgage, taxes, insurance and property management fees were paid.

. - Taxes are on the higher side at $6,000 yearMy Numbers: $115,000 putting 20% of my money $23,000 and finance the rest with total expense of $1,834Monthly expense numbers: Future Maintenance 13% $273 - Vacancy 5% $105 - Property Insurance 5% $105 - Property Taxes 23% $500 - Property management 10% $215 - Office/Travel/Legal 4% $84 - Mortgage 26% $552 - Monthly Cash Flow - $316 per month or $3,792 per year so Cash on Cash = 17%I think this looks like it is a deal worth doing and I also believe I can bump the total rent up by $50 each tenant which I think make it even better.

I also assume you have homeowners insurance rather than landlord policy which is invalid if you’re not living there.

Insurance fell dramatically since a new roof was put on and I switched carriers. 

Understand the local permitting requirements, keep eyes on your property to avoid squatters, and make sure you have a great vacant insurance policy while you're renovating.