He's actually going to do another in-classroom course with a local brokerage who has a "real estate school" because he needs direct access to a live instructor to answer questions and ask for clarity on topics.Don't just go with the cheapest option, but with a course that local brokerages recommend and that will adequately prepare you for the exam.

Never attribute to malice that which is adequately explained by stupidity.

If your proeprty is in good shape, and the appraisor can't find adequate comps, it's going to be hard for you to know ahead of time how it will come back. 

You’ll still need to have adequate reserves to show that you can make the monthly payments.

Those seem like adequate precautions, but to be extra cautious, I would recommend you do research on the steps your state requires you to do.

The management simply wants to provide adequate parking for all tenants.

Aside from that, you're assuming risk unless you have an attorney you've consulted and have a contract that offers you adequate protection.In your situation, I'd be sure to vet the buyer very carefully- confirm everything with his lender...using FHA requires jumping through a lot of hoops...you want to make sure the buyer is qualified before tying up your property for 45-days and he can't perform...If you are comfortable with everything, just execute the contract and send it to your title company to start the title search- along with any earnest money (if there is any).

That is old- did you also include adequate capex up front? 

Part of the function of a security deposit is to motivate the tenant not to wreck the place, and if they do, the security deposit won't adequately pay for it.  

Being that I plan to use a property manager, how do I keep myself involved in the process adequately without stepping on toes?