Buying a single-family home can be a great starting point for new investors to learn the ropes and property management basics.

I think there are two maybe 3 ways to look at this in my mind.  1) you go into it and bring it all up to modern standards but using that old charm to basically take what is there bring it up to modern standards and rent it out essentially I'm thinking cocktail bar or something trendy like that.2) most banks are on really good centrally located real estate if this is true, then I'd consider it for the dirt, plan to scrape the lot and go vertical with whatever the highest and best use is.3) a kind of combo of the two, if the lot is in a good location and its doable, pull the vaults or other "character pieces" out of the building, scrape the lot, and build whatever is best suited for the site there, but incorporate those historical pieces into the final designs.Is the site near a major retail area? 

They can change terms basically at anytime before closing for non-owner occupied - is it good for the reputation - absolutely not - but it does occur.

Home warranties are basically like insurance for the house systems and appliances.

Basically you find a good deal crunch numbers with his easy to use software submit deal to Jerry Norton and if it meets his criteria when he closes on the purchase he sends you a finders fee of $10k sounds easy enough. $1000 deposit required that is refunded on your first successful deal.

It’s probably wrong for us to laugh at people who lack some knowledge - but why would anyone invest in something they don’t even have a basic understanding of?  

Fences, basic landscaping, tree removal can put some nice padding into your margins as well. 

Be flexible and respectful to both the residents and to the employee of the company actually paying the bill.I know this sounds incredibly basic and simple, and it is.

But those basically don't exist anymore.

Basically scale in paper and challenge it with your personal time, resources, desires, finance, insurance, PM, etc.