Hey Sam - Great question as it seems very simple on paper, as most things do.

Is that a fair price and does it seem worth the investment?

4,500 seems cheap for a furnace to me, do you already have a quote?

I've listened to podcast and read books but thats all the knowledge I have and it seems fairly easy.

I understand the odds of collecting are very low, but once in a while, it seems like a tenant will pay if they need a house loan.If you also know a good collection agent, pls feel free to PM me.

LegalZoom is $299 and RocketLawyer is free (already subscribed).Based on the set-up questions LegalZoom seems more succinct/precise for a trust with a single asset.

Seems like there is a big need around here for workforce housing from Amazon employees, hospitality, nurses and more.Always looking for new strategies for our investors, and for us. 

I have been doing research on markets and it seems like Columbus OH, Forth Worth TX, Houston TX, Chicago IL are the best possible markets in my price range at the moment.I am very motivated and excited to start my investing journey towards financial freedom with the great BP community.

However, it seems as though you will be losing money every month if similar properties are renting for less than your upfront costs. 

In general, it seems to be high density cities and popular recreational areas that tend to have restrictions.