As a PM, his team would be familiar with areas and could help underwrite the property and take care of the day to day headaches. 

Be careful the seller isn't unloading a problem on your.

Without too much detail I had to quit my W2 job 2 years ago to care for my disabled son and my wife is still working.

Be very careful who you take advice from online, you should get involved with a local attorney and a local realtor.

As long as no “healthcare” services are provided (like medication or personal care), it’s not regulated by the Department of Health.

Don't care for the Pistons or Cavaliers.

I kind of like the idea of wholesaling out of state leads, however, with subj to i would be VERY careful who you sell those to. 

A few things we’ve been thinking about* Appreciation > Cash Flow: We care more about appreciation in a few years as long as cash-flow can cover occasional cap-ex.* Low Hands-on operation: We prefer minimal hands-on engagement.

You need 6" clear from ground to bottom plate, and ground must slope away from house...5) Any place that water can enter the house (doors and windows, skylights, where roof meets eaves, etc...) should be checked thoroughly, if it's not raining on inspection day, you have to be really careful with this...any suspect areas, put a hose on them....

You could also take out equity if you want to keep the condo and use that for another investment, but I’d be careful about over-leveraging.