One other really key item would be for them to be held dual signatory - no movement of funds is allowed without the signatures of both you and the QI.  

They have great coffee and food.

Even under management you're going to have headaches a plenty and phantom line items you haven't even dreamed of. 16 sinks, 16 toilets, 16 AC units, 16 fridges, etc.

Hello Dan,There are different fees charged by different lenders and the same fees charged just with different names, lol, so yes I would always keep line items in your proforma for lender fees, legal fees and broker fees.

Here is a list of the items my bank request on my first deal with them. 

I have the Judgement of Foreclosure and Sale from the case and it states the sheriffs office is to remove the people and their items from the property and to put myself, the successful bidder, in possession of the property without delay.

Finding a good renter who likes condo living seems like a relatively safe bet...if the positive cash flow is not eaten away by capital expenditures, lack of reserves, and routine maintenance on big ticket items.  

If I were you I'd find a niche item that could easily be 3D printed and then custom make it for residential DIYers, construction companies, and handymen.

Capital Expenses, items that are not just consumables like appliances, roofing, AC, all have what is called a Class Life and get depreciated according to IRS rules for that Class.  

He said that I could get about $30,000 of the rehab costs through a program like ygreen.com, basically if you upgrade Windows, roof, drought tolerant landscaping, and other energy efficient items, you are able to get a loan that is attached to the property taxes for the property.