WIthout knowing more, I think it would be tough to make money on something like that with minimal money down and having no liquidity on your own to help in the event of maintenance or vacancy. 

There's a great one in laurel posted on the bigger pockets events page, also one in nova

So I was at a recent REI event and I ended up winning a free 1hr mentor session this upcoming Friday with the co-founder and managing partner of a large wholesaler.

wow is all I can say.... if your recount of events are factual .  

However, you should plan on it and figure it into your budget in the event that you either decide to hire it out or go to sell it soon and the next buyer wants to hire it out.  

The buyer's policy covers you in the event of a defect in the title.  

FHA/VA loans are backed by the government up to a certain percentage, so in the event of default the lenders are guaranteed to receive a portion of the principal back. 

There are many many steps & events that would occur well before that.

Beyond the Monthly Management, Placement & Maintenance fees, all other fees in our contract are IF EVENT -> THEN fees.

Look in Bigger Pockets in the Events & Happenings page, I think this is the link:https://www.biggerpockets.com/...There are a bunch of events in Nassau & Suffolk County where you can meet other investors & find out what you want to know, I post mine monthly on this forum