Thanks for posting this. 

This is a very common agreement, in your space your problem and they also should have insurance that if its extensive insurance would cover it. 

Intro letter to tenants requesting updated contact information, maintenance problems, how to pay rent / contact our office etc.2.

This has helped me in the past when a unit has been damaged and/or small items are misplaced like silverware, pots/pans, etc.

Suffolk, VA has a 4% population growth for the past 3 years What made you interested in investing in this type of deal?

I joined BP after you posted this.

As you venture to try and find what cities/areas to buy in might I suggest this resourcehttps://www.areavibes.com/This is a great website to get an over view/starting point for what the neighborhoods are like. 

Check out this video that might help you.

Now because of this, nobody else has been able to get this property because they can't get a loan for it either. 

This property also has a lengthy set of covenants that go along with the purchase agreement.