There are a lot of considerations and maybe not one solution fits all.Normally I say don buy condos for investment. 

One other consideration for Reno- college town. 

For the deal I have lined up, I'm going through an informal broker deal, but I'll definitely take into consideration these things when analyzing that deal as well. 

Like replacing the doors/ locks, etc. and  its getting frustrating.Whenever I articulate my frustrations to my wife it causes friction within our relationship I want to get this house rented asap but I wanted to get a barometer to see if perhaps my expectations are a bit unrealistic , especially with consideration that no one could get in the house due to the fleas until recently.

Prices are still considerably higher than just a few years ago.

I am going to take it all into consideration and start doing my due diligence.

I've dedicated a considerable amount of time to reading books, tuning into podcasts, and educating myself about the real estate market.

Looking to invest, I was thinking of flipping, as well airbnbs, etc.... many RE options -cant decide which one is right for me....obviously $ is consideration too,...

It was an early consideration of mine but during my brainstorming it got overlooked.  

I was told to get a home under contract via the Option to Purchase contract (include a consideration fee given to the seller) and getting all signatures done with a copy given to the seller.