@Elizabeth Klingseisen. much appreciate the step by step outline of where to start and put focus into.

Yes, I'm having a harder time finding deals in my price point west of the river in DC, and most of the stuff available in northern PG county are condos with high HOAs that eat into margin.If you know of any deals within the areas you outlined above or know of investors looking to syndicate, it would be great to chat.Thanks,Alex

Possibly have some sort of outline that I can refer to in order to make sure that I can adequately vet the seller.

I would be interested in knowing if there are any rental restrictions outlined in the CCR's for the particular community you are looking into.

I've also started outlining responses to different scenarios as suggested by @Nathan G. super helpful advice! 

I would assume based on your explanation, Ohio may be one of those states that monetary damages are considered adequate, which is what was outlined to me. 

By all means outline your top 10 "must have" features, then go out and try out the different solutions to find out what works best for you. 

They sent me a contract with the fees outlined and they are as follows:1) One time start up fee of $2992) Leasing fee of 50% of first month rent for the first tenant placed3) Leasing fee/renewal fee of $175 per lease signed or renewed 4) Management fee of 10% of gross rent collected or minimum of $75 each month.

I outlined how SEC 8 determines what you rent can be and how you can maximize it in a recent blog.  

The goal is to get property cash-flowing within 1 month of closing.I'd like to hear BP's input on each of these proposals and maybe outline how they might do things different?