Yes, absolutely yes, review items such as crime trends, median income, unemployment figures, non-farm payroll figures and growth respective of that, school system health, general GDP growth of the prospective market.

They need to build new pumps and systems to help with the major issue of flooding.

They also walked me through the house, told me the maintenance expenses and ages of all the systems so I have replacement costs in my business plan. 

We are exploring either adding duct work for central a/c and heat pumps; or doing a mini split ductless system.

This will allow you to invest out of your local area..I have a passive mind and always consider the automated systems but the flaw of that is the lack of face to face interaction with customers..

If you renovate then you may need to have the asbestos remediated when you modify the systems using it.

I know that if I want to take this an make it a business, ill have to have systems in place to keep me accountable and on track with everything.

I recently made the switch to a digital book keeping system, so would I be able to send the tax documents over to them?

It also helps if you are prepared before you hire cold callers such as a great list, systems and tools, and budget.

Brandon & Heather Turner's The Book on Managing Rental Properties: A Proven System for Finding, Screening, and Managing Tenants With Fewer Headaches and Maximum Profit would be a great start.