It doesn't mean that it is a bad place to invest, but you are right to be scared and proceed with caution if you are an out of town investor with no knowledge of the area. 

It is a big company so the paychecks always arrive on time and they set up auto-deposit the day after our pay day.   

There are no interior pictures on the listing - none and no viewings.Price of property is pretty interesting though. ( I am not a fan of gambling )How i can see inside of property ?

And no encroachment from either west or east.. so no through traffic etc.

I am not yet ready for commercial investments, but I will be one day and figured there is no reason not to start learning the basic principles about cap rates today.

Generally speaking, we would encourage you to screen your tenants - whether they are section 8 or not.We would encourage you to collect a deposit - whether they are section 8 or not.A tenant can certainly be a "good" tenant or a "bad" tenant - whether they are section 8 or not.Now, if you are targeting lower valued homes...there are "pros" and "cons" to doing that - whether you are renting to section 8 or not.  

Now mind you, depending on what type of consulting you are in, your exposure to liability from that business activity may be very limited, thus, a sole proprietor may be fine.3rd issue, where would the rents to your property be deposited to?

You should open a Fidelity account and deposit your money in a money market fund (SPRXX).

The water heater is turned off (no light on the dial - used to be green) and there's no hot water in the unit.

It's also almost impossible to find on their own.Posts like this give no-money down, new investor false hope that it's easier than it really is.