Typical seller closing costs will be 1.25% for doc stamps and title insurance, plus about $6-800 in other recording, settlement, title search fees, etc., without any seller assistance for buyer closing costs, which are typical in that first time home buyer price range.

People don’t sue people that qualify for food stamps.

I would not suggest this city for out of state, hands off investors, I have seen lots of guys loose their shirts, and loose much of their initial investment due to dishonest contractors, professional tenants, ect. 

I’ve seen too many people loose their shirt investing with windfalls. 

I'll wear an extra thick shirt so as not to disclose and let my attorney handle it!

Plus the deposit is time stamped.

So until they lose their shirts in the next down swing I have to live with them, again. 

At a minimum, send them an invoice each month 10 days before rent is due with a self-addressed stamped envelope.Visit your properties or have someone else visit them on your behalf every couple of months.

Deal analysis is the primary source of value creation/delivering returns vs. losing your shirt.

Your local jurisdiction may not require stamped plans even if you are doing a larger remodel including modifying load-bearing walls; however, then the liability and safety compliance becomes your responsibility.- What type of help do you need?