There's no one size fits all when it comes to midterms.

While you won’t get rich doing this it could be a good fit to have supplemental income to purchase your first few deals.

It could be a good fit for you.

'A' is relatively newly built with a full amenity package: typically resort level pool, fitness center, dog park, in unit washer and dryer, playgound(s) if mostly family area, maybe covered parking/garages, etc.  

Do rentals fit in?

Is it the amount of fit-up it would need to become "tenant ready", is it "how long does it take to get a tenant in place"?

Make sure you get a "Release Fee" on each property; this is an amount that is to be paid to release a property as collateral in the event you need to sell, or if you have an insurance loss that insurance proceeds will be applied to the subject property and not to the whole loan keeping you stuck with an encumbered damaged property, remember they don't make construction loans as a second and the blanket loan won't subordinate (usually) to another lender, it could get messy, so have a release fee stated and understand how payments will be applied.A line of credit is not a blanket mortgage but a line of credit can use other collateral, different animal and it may or may not fit you needs.

First thing that needs to be done is hire a professional roofing contractor and get it done right , to avoid more damage .Deal with Chuck in what ever way you see fit . 

There WILL be expenses for a house that is almost 100 years old.This may be a good deal, IDK, but quick math this is one I would pass and look for something that fits my needs better, but everyone is different.

virtually any state out in the west will fit this bill.. careful with STR regulations though