My main concern is that I don't know the weather/water patterns there well enough to know if the issues called out on the report are super worrisome and will need to be repaired ASAP or not.Thank you all in advance!

It indicates to me that the applicant has a history of making late payments or stiffing a creditor.If the property is not generating a lot of applications, I would definitely have the applicant address the 600 credit score, review credit reports to what has been going on and see if there has been any improvement in payment pattern.

Setting a pattern of manageable/reasonable rental increases will help set expectations. 

Also when you do any outside improvements make sure you contact me so that I can approve the colors and patterns.

Not sure how good that book is if it didn't make it clear that you should get your finances ready (ie. establish a savings pattern and develop a relationship with your preferred Lender) first!

We estimate lease rates for landowners on a regular basis and I can tell you that sometimes lease rates have remained stagnant for decades because of changes in roadways and development patterns.

This, combined with economic factors such as the California exodus (and other migration patterns) lead me to believe there will be long term growth here. 

GREAT over concretePros:If you damage a piece, you can lift the corner, peel it up, drop in a new piece and it cost you ~$1 and 30 seconds.( I have done this SO many times after damaging pieces moving appliances etc)We buy a couple extra cases and use the same pattern across multiple properties.

I don't have the energy to play cops & robbers, that's not my job.Separately, as part of management principles, I would always pay attention to patterns, who's the common element in said pattern. 

Your list should show that if it has owner info.I would mail monthly and track the results in detail including best day to mail, type of piece that gets results, owner occupancy, area and type of property that gets best results etc The more you test and track the more patterns you can uncover.