Personally I would pass but if you go forward I would do a lot of research on the group you are renting to and get a very large security deposit to cover damage. 

PM's will keep all late fees, they hold the security deposits so they collect all the interest on security deposits. 

And if a property is owner occupied, how can you secure a loan with a hard money lender not being able to view the home to estimate repairs?

You should be able to fit them on there and secure with a zip tie or maybe tape.

.- Logically, there really is no additional security provided with both keyed doorknob & deadbolt, but a deadbolt is more secure than a keyed doorknob.- Since you need a key to lock a deadbolt when you leave the premises, tenant's can't lock their key(s) in the home and then pester us to come let them back in.--- Tenants can still lose their keys outside their home:(

Not likely.Maybe some of the tenant acquired their own washers and are using them for cleaning but your dryer for drying.Get a security camera and mount it in the area and post signs saying the same.

The first part for me is investing in real estate since I have a secured job that I’m hoping can subsides some income to give me the freedom to put more time to real estate with a eventual transition to full time real estate business.

We discussed this in an earlier post.Obviously, if loans are being made without any provision in the Operating Agreement, it’s time to get in touch with your State Securities Protection Division - usually a part of the State Attorney General Consumer Protection Agency.

All are perfectly functional now, but could pull higher rent with replacing the flooring, and updating the kitchen.My current financing setup for this deal would be $235,000 from the HELOC I already have secured.

.: One of the interesting things that occurred in the legal landscape was that in 1978, California's Supreme Court ruled that due on sale clauses in mortgage documents were void "restraints on alienation" and unenforceable unless a lender could show their security was at risk.