If you are on a tight budget, a high quality sheet vinyl is also decent.

There are a ton of properties that are purchased wrong either because the buyers construction budget is off or their projected out sale/rents are incorrect.

Many buyers look at houses at the very top of their budget, and therefore the solar lease can blow their approval even if they would have gladly assumed the terms into their name.Additionally, paid off solar can really only add value to a house in markets where it is the norm to have paid-off solar AND houses that sell for more because of it. 

While my insurance charges are relatively low each year given this is a condo, I learned to better assess who is behind budget planning at the HOA level for all of the units for roof, cleaning costs, basement improvements (shared by all units), given this was run well by one individual.

Eliminate debt, establish a budget, and save.

There will definitely need to be a reno budget to, at the least add bedrooms, and I am looking to stay under 400k.

Budgeting: Many landlords use the 50 percent rule, which means that 50 percent of your rental income should go to covering fixed and variable expenses, other than the mortgage.4.

Now, I know someone could say the cost should be "negligible" couple of hundred dollars a month, in comparison to the whole buildout budget, but still I do want to know what are the best practices out there.

Generally people might budget 15% of incoming rent for these items.

There are budget-friendly self-management sites that make setting up applications and collecting rent simple and again, you can pocket that 12%.