I will be delighted if you include me in your group. 

In parts of the world (US included) where there are homeless people and cheap land, this can help provide a solution.

I also listen to Mike Zuber author of one rental at a time talk about learning your market which is a course he has that includes a spreadsheet that tracks sales so you know what's a good/great deal in the area of the investment. 

Hi Sean, I’m a “newer” investor and have a few doors in the Midwest, including Memphis and Detroit.

In Cleveland OH it is 1-2BR furnished rentals priced at 1,200-1,600 monthly utilities and internet included. 

A thorough screening process can include background and credit checks, employment and income verification, and rental history review, ensuring that you select tenants who are financially stable, trustworthy, and likely to uphold their lease agreements.

If you don't think it's viable to include a washer and dryer maybe you can find a local service that can provide this to guest.

Plans need to include how to fund things and to have flexibility to deal some unknowns or uncontrollable things such as a tenant leaving or not paying. 1.

I was quoted 12-14k for new central heat and air which included all the duct work.

Get to know the area where you want to buy--this can include looking at listings, recently sold homes and simply driving around different neighborhoods. 2.