Pricing for the lower credit scores is higher for obvious reasons.

An excellent book on due diligence: Brian Hennessey - The Due Diligence Handbook For Commercial Real Estate: A Proven System To Save Time, Money, Headaches And Create Value When Buying Commercial Real EstateIt's reasonably in-depth but a lot of this stuff one learns from experience.

We would be able to have a down reasonable down payment. 

I invest in Arizona over California for several reasons. 

But, not pulling permits at all as a policy due to time and costs is a reason to walk away from doing business with a company.3. 

I dont even manage my close by ones, I dont want the tenants to know who I am, I dont want the responsibility of legal compliance, (one of the reasons you hire a professional) I dont want the phone calls, or the drama.

If you are skilled and reasonably priced we always have work.

For whatever reason, they find themselves with a house that makes more sense to rent out than to sell.

Nobody buys.There is always a reason.....just find an agent familiar with the location and he'll tell you why.

If I were pay myself, would I simply pull out money from the B account as I see fit, or reasonable pull-outs based on my own calculated profits after tax?