If it's intellectually engaging to you then you'll always want to be looking at deals, etc. just because, well, there's an element of fun/challenge/etc. as well as a return. 

"Typically, cars are ranked on a scale of one to five stars.

For the subsequent years when only major items are covered, this often refers to structural elements, roofs, foundations, and sometimes major systems like HVAC.Tips:Always get a detailed written warranty from the builder specifying what's covered and for how long.Document everything.

You also hit on another key element which is property management - you can PM me if you'd like more details on my opinions about that.Best of luck as you get started and happy investing!

Many OOS investors set themselves up for failure because they don't invest the time to ACTUALLY understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.8) Class A is relatively easy to manage, can even be DIY remote managed from another state.

I can't comment what all of the cost elements of the condo.

Petworth actually over the last decade has consistently ranked as having the largest price spread in the country.

Out of curiosity - what metrics do you use to rank a neighborhood as A, B, C, etc.?

Some MLS databases have "short sale" as a data element.

Looking to scale up from single family rentals.Alaska – Why We Love It• Top quintile for GDP growth in 2022; 4th largest cargo airport worldwide• Anchorage ranked #23 best city to live in USA in 2022• Alaska's economy is driven by a range of industries, including oil and gas, healthcare, fishing, and govt• Largest US commercial fishing industry; larger than top 10 combined• 25,000 active troops stationed in 9 military bases• 20% of the land mass of the Lower 48; 2x larger than TXHow did you find this deal and how did you negotiate it?