Lots of posts here on BP on all the questions to ask as there are 100+ items to consider

@Francisco PineiroYou could call a few home inspectors in the market you are investing in and see if they do draw inspections so you know the items are correctly done before sending funds

And then the second item is - if you do take out more money, where does that leave you from a cashflow standpoint.   

We removed a chimney to open up the space and updated all the major ticket items—new electrical, HVAC, and roof.

Had my inspections done a month or two ago and they checked about a dozen items per property that had to be corrected and told us the properties were deemed "uninhabitable" until then and no one could stay in them.

Be wary of front loading on the itemization/draws in the contract. 

After all, this is real estate, and it would be unrealistic to expect that things like tenant issues or other issues do not ever occur, even in TK or new construction investing.Some notable items to understand:1) This investor independently chose to move forward with this Akron property on his own.

Your PM will be able to help you manage everything from leasing, regular maintenance to bigger ticket items like replacing your roof and managing tenants.

My wife and I used to do flips in this area, and I have a couple listings along with long term rentals I manage in the area..For the co-host, they typically do not handle permitting and other items like that (this can be agreed upon between you and the co-host.

Brick v.s siding and covered v.s no converted parking also make a large difference and are items that have to be adjusted for.