I'd be happy to add you to it as well so you could receive weekly snapshots. 

We need to find a good app/website for them to send rent as well, preferably one that has many things built into it, making it more simple to manage things in one place.

Any areas in Sacramento that worked particularly well (or didn’t)?

I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

I'd recommend looking at costs. your build cost is going to be well over other homes because of the fixed costs like slab, Hvac, roof, etc. check the market drivers and weight the benefits of short term versus long term. long term is no furniture and help pays mortgage but at this size it doesn't really cover everything. we didn't find a lot of economies of scale in single family detached. can you build more than one unit?

They are not well suited for a novice.You may see auction results that look appealing, but you don't consider things likea.

In my opinion it was well worth every penny.

Quote from @Joel Oh: From my experience, Aircover never failed to cover any damage.Ah well there's your problem....If you read similar threads on this very Forum, you'll see that most host's experience with AirBnB are the opposite.

Quote from @Eric Huntermark: Additionally, as I'm thinking about conventional loan products as well.

Negotiating distressed properties takes skill, and a lot depends on the seller’s situation as well as the property's condition.