3.Lastly, what are some big red flags (ones other than the obvious like water Dana he) I should keep an eye out for as I tour each prospective property.Thank you for the help in advance!

While I do think setting eyes on a property, touring the neighborhood and the town, is important whenever possible, people who live in CA or HI or other pricey markets don't have the opportunities for cash flow props that we have down south or in the midwest.

@Brian Ploszay When I last toured the property previous to purchase there was no odor, however I am currently out of the state, and haven't been by personally since.

Then your property manager could help you out and perhaps do a Skype tour of the property with you every few months.

I then offer contigetnt on an inspection/wall through if they accept or get close to my real maxible offer I then go and tour the property. 

To answer tour question, it will boil down back to your personal opinion.

I host a group that meets in San Francisco and we've got several property tours coming up (ex. live/work loft deal in Oakland, multifamily deal in Daly City, etc.).

https://www.biggerpockets.com/forums/521/topics/425442-memphis-in-may-property-tour-201Hope to see you next week at coffee!

Hi John,I have not toured the property yet, as I just got it from auction.

Go visit those projects, many are happy to give you a tour of existing properties.