Yes, it's hot so competition is tough but this doesn't mean finding deals is impossible it just means you have to be prepared to work that much harder.

Defects in any of the following, (including past defects that have been repaired): heating, air conditioning, electrical, plumbing (including the presence of polybutylene pipes), water, sewer, waste disposal or septic system, sump pumps, well, roof, gutters, chimney, fireplace, foundation, crawl space, attic, soil, grading, drainage, retaining walls, interior or exterior doors, windows, walls, ceilings, floors or appliancesThere are so many small repairs we do all the time.

do you again for breakeven or a bit more in such a hot market like Austin MSA. or should I be patient? 

Aim for the neighborhoods that are just one away from the "hot" ones... so instead of Foutain Sq. or Bates go for south Fountain, Garfield park, Emmerson Heights, edge of Grace Tuxedo, Brookside park etc. 

Plus, even though Atlanta is hot and the market is competitive, it's still a fantastic market to be in, especially if you are playing the long game.The best way to search for property depends on your strategy and stage of investing.

They all said leasing is really hot right now.

The vent on the wall is simply to get some of the heat (and smoke) out; it's not required but that closet may get hot and damaged clothes (or not...).   

Make sure you are factoring in reserves for roof, appliance, hot water heaters, ect...

Hello,Curious to find out where most people are investing during this Covid-19 shutdown. Thank youArmand

I don't know if you mean this to be an STR or LTR (I am not familiar with Oahu rents but >$3k/unit that close to the beach does not seem outrageous to me), but if an STR, I wouldn't do it at the current time - Hawaii is too likely to suffer from the Covid-induced hangover for air travel that could impact tourism there for months or even years.