Basically every single inch of the place is in horrinle condition.

All, based on basic math. 

hi girlie... im in the Atlanta area and I'm familiar with that side of town private message me with your number or I'll give you my number it's a lot of things you need to look at and it's kind of too long to type hair basically in a lot of cases for buy-and-hold the amount that you should be getting for the rent should be equal or greater to 1% of your all-in price that includes purchase and repairs if you want me to elaborate I'll be happy to help

Basically they have control to live the dream life on their own terms.

Here are some basic reports to get your started.

After taking into account an increase to 8% for vacancy and 10% for CapX you're basically just buying cash flow.

My main concern is converge for wind / hail / storm damage.I think a basic umbrella for personal / extending it to the property's would be adequate.Anyone else consolidated under one main policy and then actually had to DEAL with a claim?

Also, if you chose a detailed rental agreement or more of a basic one?

We install basic window treatments in all properties.

@Justin Worsham I would reserve a pre-inspection for higher-end SFR's but it's all relative...one bad thing about pre-inspected properties is that it removes the buyer from the due diligence...they basically have to trust a report the seller is providing...it's just not impartial.