The way I feel the lender views a property is: will Karl B. pay us each and every single month and if not how hard will it be to sell the asset?

(Must be in another area, lol).As an agent, and a property manager, (both specializing in commercial property), I would recommend the following only because seems like an off market property-1- Viewing the leases making sure current owner can sell as there is no ROFR.2- Any security deposits.3- Confirming tenants are paying with either an estoppel certificate or simple as viewing deposits. 4- I’m sure the title search will come up with CO on legal commercial with 4 Resi.

House right on the ocean with a view of the ocean.

I know the previously mentioned book describes certain things to look for but, I feel that since I have no experience, I wouldn't even really know what I'm looking at.

It will depend largely on the specific property, it's view and proximity to attractions.

It might also help that all of my guys are young (under 26) so they view me as an authority figure much more than most tenants would.I don't know how well it would work for others, because some places have laws about booting.

I will offer a little more in depth view at Olathe and OP since that's where you are focused. 

I know Turnkey doesn’t get as much love as other investment property routes on these forums, but was curious what others thought considering the current market and from the POV of a total newbie looking for a buy/hold...

@Jody SperlingThanks for the insider view!

On a longer-term view, make sure to get this first property repaired, upgraded, and fully ready so that you can minimize or eliminate your CapEx expectations for the next five years while you then focus on another property.