Interview them of course but for the most part they are hard workers that are cheap or free. 

Stack up the cash flow and dip into that as needed to support the asset.

If you have any property management questions, feel free to reach out.

Tenants must receive; signed Certificate of Rental Suitability no more than 60 days before move-in, Partners in Good Housing Pamphlet, Lead Free/Safe Cert (if built before 1978), smoking policy for multi-unit properties, Bed Bug notice as you describe above.For Pennsylvania: It's also best practice for property owners to include a lease provision that waives the Notice to Quit requirement of the PA Landlord Tenant Act.

I imagine once fully stabilized you will cashflow and live for free onsite?

We have a local roadside assistance company here that charges only $15 a month for hassle free roadside help here at the apartments and around our valley for our student tenants  that may be new to car troubles and away from home!

Please feel free to reach out and discuss your situation and see if this may be a good fit for you and your family. 

assuming you use all cash - and setting aside closing and holding costs for now - you're in for 150K. 

Feel free to connect.

They usually give you the first 30 minutes for free so you can explain your case and ask questions.