There are some lower priced (I understand "cheap" doesn't always mean "value") condos in my area, and after running some numbers, I feel I can rehab and rent them out to cash flow in the low hundreds (after expenses, commons, etc).Anyone have experience in this before?

Plus rents were low.

Outsource tedious low-value added activities but make sure you do the important ones yourself.

Ours is a student rental so we set more aside for maintenance and repairs, however, because of the location our vacancy is really low.  

My wife is a perfectionist and gets mired in the details, treating every piece of information with equal weight. 

Low priced homes that need minor work are not easy to come by, you have to be willing to take on a large scope of work to get the "deal"

I also agree with J Scott, reducing the scope could result in the reduction of your ARV so itbis keybto shop subcontractors and get better pricing on your kitchen, hardwood floors, and baths.

I have the sense that demand there will be fairly low.

The only thing that it could do is lower the amount you can borrow for the investment due to increasing your DTI, but 10k isn't that much. 1.9% is pretty low and should be easy to out perform the debt...

Buy a place to live and you have the opportunity to gain equity that way with a really low downpayment if you go FHA.