They don't want to encourage last minute disagreements about any aspect of closing, even in a retail sale.

How do you define a location that is a very high demand area?

I’m not interested in the flipping process yet; only interested in the rental aspect of things.

There appears to be an exception to the rule...If the property contains an accessory unit, the property is eligible under the following conditions: The property is defined as a one-unit property.

When ever you lend money, you will want to make sure you get a deed of trust on the property and a promissory note that defines clearly how you will get the property back if the borrower were to default.

I take ALL the TV shows with a HUGE grain of salt... they have some things/aspect to pay attention to.... like current designs and trends.... but its TV.

I will be maintaining everything within arms reach in the future and no longer trusting PMs to any aspect of upkeep.  

Define Wealth

I already know I will want to outsource this aspect of my rental property business but haven't started vetting PM companies.

Zillow is helpful in some aspect, but I would not suggest you put 100 percent of your hope on it.