It feels like an asset class that an investor would need to visitore frequently.

BTW, I'm not a newbie screaming caution - Google me or connect on LinkedIn and you'll see that I'm coming from a place of top professionalism and expertise. 

Also, in Virginia to get an actual "Lender" license as a company, they want you to have $200K in "readily accessible funds" to start your business, whatever that means.I know people are screaming for quality notes, so going the extra mile to start a business that actually creates notes on rehabbed properties for sale to owner-occupants, then selling those partial or whole notes to investors could be a good move.  

We came a long way from "i dont want to sell" already :Dya the issue is if you wanted to exit in the next 5 to 7 years could be a monetary loss.. if you can get that closer to market then its a screaming deal. 

If you scream "remove this tenant" then you must expect every tenant to be completely perfect with zero issues or incidents....good luck with thatPretty minor stuff and more on the contractor that the tenant

I’ll take a fair deal that I actually get over a screaming deal I lose anyday.

From what I've seen, it's almost impossible to follow the 1% rule in the DC area unless you get a screaming deal.

Also there shouldn't be anything like containers of gasoline in the basement or anything else that screams "hazard".For general tenant issues I strongly recommend the RI Landlord-Tenant Handbook which is basically a common language translation of the relevant laws (RIGL 34-18 Residential Landlord and Tenant Act).

They may have pet (likely dog) visitors for short periods.

If you’re not planning to manage them yourself, buy where you are willing to visit or where it’s familiar for you.