If you're planning to hold this rental for long time replacement is your best course of action.

We also require being added as additionally insured on the policies.

Zillow is not attending planning, commissioner, economic and development meetings in each town or county.

Plans have been submitted and we are probably less than 30 days from getting approved.

You can buy under that limit if you plan to use all cash, and it seems to work pretty well. 

Yep I plan to just update everything since it's hard to see and built in the 1950s.

It sounds like you have a solid plan in mind for getting into real estate investing.

Those choices make sense if you plan on living in it at some point.

We have a cash purchased SFH in Kansas City MO that we got for $75k cash, that rents for $875/mo (After management fees, taxes, and insurance, we profit $580/mo). 

They are not cheap and obviously require some kind of cellular plan, but I was able to get them to work using Mint mobile (you need a phone to activate the sim card on first, like an old iphone) Ive had 3 of these up watching a property in Cleveland, OH for well over a year, and Ive only had one issue where I needed to go check on the camera itself, (the plug for the solar panel came disconnected and just needed plugged back in) This camera in particular is nice because its actually 2 lenses that capture the full 180 degrees, so one cellular plan for "2" cameras.