Feel free to private message me with any additional questions.

This is a 3 story town home (detached) that shares a private sewage line with 7 other homes.

If you own the balcony (check CCRs, I have a unit where I don't own my private balcony) then it is all part of the unit.As an owner, you're on the hook for the actions of your tenant.

Take them to tour the property with you. 

I recorded a virtual tour on my cell phone because I was getting tour requests I couldn't fulfill, but no one has asked to see the property since I made the recording.

I haven’t gotten a tour yet, but based on driving by and photos of the inside, it looks ready to rent right away.

Many opt for other investing methods in their SDIRA like private lending, crypto, private equity...anything except collectibles and life insurance.Note that a Solo 401k is exempt from UBIT on leveraged real estate so if you have self employment activity and no full time employees save for you and your spouse you should consider the Solo K as an option. 

Hard money, private money, joint ventures, even lines of credit secured against existing assets—there’s a ton of capital out there looking for strong operators.

It's not difficult (shouldn't take long) to get flood insurance quotes (NFIP & private) if you work with a good agent.

Or just use private money.