Request minutes for the latest HOA meetings, statements, CC&R (Covenants, conditions, and restrictions). 

I found a couple of properties in decent school areas but it is pretty far from Huntsville and the P/R ratios are not that attractive.

Not any different really from BRRRRR (I add the 5th R for "reserves"); sometimes and some houses it is difficult to make it work but you can usually make adjustments that will pencil, such as leaving some equity behind. 

Quote from @Jonathan R McLaughlin: Interesting.   

The California High-Speed Rail Authority (Authority) is studying an alternative station location between O and R Streets in downtown Merced along 16th Street.

Or would be worth pursuing a R-62 Minor Home Improvement License as an extra precaution?

It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..

Quote from @Andrew R.

@Zachary R Bealecan you house hack? 

And if he does not, then you can go for the 'Quiet Enjoyment' covenant.https://www.payrent.com/articles/quiet-enjoyment-a-tenants-r...