Also which party in the home buying process would be looking for these things ?

In my area, most agreements state that the closing costs are split equally between buyer and seller, but sometimes one party will pay everything. 

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

Uri Gofman, weren't you and Alexander "Alec" Vinokur from Realty Now all involved in an indictment for mortgage fraud?   

@Manthan Patel Whether to use a property management company is truly a personal decision, so it comes down to you and how much you value your time, how much you want to be involved, etc.

I’ve looked at investments from the sidelines for a while and am ready to start actually getting involved.

Thanks Adam .This is great .Will do what both you and John suggested .I am hoping the bank uses a third party appraiser.I assume there would be laws against them using an “in house “ appraiser..I just know they’re not going to want to gibe up getting that $250 a month from us ( PMI).Much appreciated -Christian 

While I’ve been involved in much of the process, and I know Hawaii’s rules, regs and other intricacies well, I have never obtained investors, never signed contractsI and never opened escrow so I feel like I’ve been more of a spectator… I’m basically starting from scratch and I’m a bit nervous. 

If you're already that involved, it sounds like you're ready to take on more.I'm different than most.

The state of Maryland got involved did an inspection of the home.