Hello everyone, what should I look for When I inspect/ tour a condo for the first time?

PM's are there to follow YOUR plan. 

Sometimes they forget to tell you that many tenants in Detroit don't pay (depending on the property manager skill and the type of tenant) - but taxes are very high in the city and so is insurance. 

we ran into this in FLA  a few years back when I had 4 starts and I exited that market.. permits  sub base all pretty tough for someone who is not there and already knows the systems hands down and has a devoted loyal sub base.. thats the key in my mind.

This will get you 90% of the way there and should be sufficient.It works the same in a saturated area, it's just more to sort through.You are aware that STRs in Denver are allowed only in certain zones and you must live onsite?

Airbnb hosts have the ability to make a difference.

If a landlord plans to hold the property for a while, we always recommend an annual lease, ending to align with the summer leading lesson, or staggered with their other leases depending on the situation.  

I would just cap it generously to only catch abusers and figure the normal running costs in your rent. 

Did not receive my payment from Norada this month (June) and just received the following notification in my email.

Also, I am guessing that due to the state of the house, it would not qualify for a conventional loan?