You will find out quick that just because you get a license does not mean any business will fall into your lap.Here on BP you will have to build a reputation of being the expert in your area.

Renters can be quick to complain about poor management and you will know if they have a reputation of ignoring calls or maintenance requests.Tell your PM you would like to have quarterly inspections of the property, to ensure there isn't any damage that is going unreported by your renters or ignored by your PM.

@Zachary Paul pls if possible supply the numbers on the property i might be interested i have 3 rental units 2 in ia  my jewel in brooklyn ny  and always on the look and i would like to buy closer to home which is in staten island,ny

I'm sure you can understand this was the LAST place I wanted to air my personal business out, my reputation means a lot to me, (clearly it's not too important to you) that's why I stated at the end of my post that I take full responsibility and I know I got myself in this situation.

The toxic algie last summer didn't help its reputation at all.  

i tend to agree and lean alongside of my colleague from Lafayette, there are some unknowns with auction deals that any seasoned envestor/investor are not familiar with, but doing a HML off the bat is risky and could work counter-productive, if you have any access to the MLS, or visit your local REIA meetup to harness a reputable real estate agent can be useful tool to your success, keep posting but most of all keep sharing

@Jon Klaus Yes Sir, engineered by a reputable engineer in the central Texas area with inspection to be done before pour.

I also think that an inspection is just as important with a reputable company.  

Make sure it is a reputable builder like Tridel who has a good track record and maintenance fees increase at a minimal.

You'll need to find a reputable medical facility management company, OR a good Director of Nursing, and run it yourself.