When it comes to finding a good insurance agent, I think that a huge factor is responsiveness. 

As we know stuff happens, if things change and can't assure that appropriate value-add at entry, it takes some exceptional integrity to tell those throwing $ at one "sorry, it's a no-go at the moment, we simply don't have viable enough deals to enter at this market timing" and risk they get imbedded with others. 

Seems doable, depending on a few factors will determine what the right product is for you.

What factors should I consider when setting rent per room?

As an new investor you should consider which factor is higher risk - proximity or market dynamics. 

Are there any key factors or metrics you look for when analyzing a neighborhood's potential?

But I've hit the annoyance factor most reach in their 50s when owning rental properties about 20 years sooner.I am at work coordinating inspections and post inspection, was the appraisal done and could you email it to me, this lender gave me a 3.25% rate while you locked me at 4.0% LOL all of this and I haven't even started receiving a dime of cash flow.Illiquidity is the best feature of passive real estate investing, the 2nd feature being diversification (among asset types, exit strategies, sub-strategies, geography, risk, sponsors, etc.) you cannot do this if you are actively managing rentals.When you are 65-75 years old planning your estate, do you want to leave your heirs (who probably don't know or don't want to know anything about real estate) a bunch of physical houses, tenants, property managers, mortgages, online logins, LLCs, etc.

What asphalt integrity is like.

Like everything else... if the numbers work and all the other factors at play are good in your opinion.... go for it! 

An article from The Mortgage Reports explains:“The amount you need to put down will depend on a variety of factors, including the loan type and your financial goals.