I hope you're investing endeavors are going well.Tough market right now in the area and price range I'm looking, low inventory.I found an off-market property from a landlord that's tired and wants the property gone.  

Low risk and high margins. 

I cannot comment on the area, the condition, the tenant's quality, etc. as there's no info about it.So it is really a good deal is based on the numbers as well as other factors. 

My wife is not part of the loan.I am planning to buy a 2nd and vacation home (80 miles away) from the primary residence.I would like to use the low down payment to purchase this property.

@Lakia Hudson there is a lack of real quality property managers in Baltimore.

More important than the 1% or 2% rules, #1  Buy low, sell high :    are you buying the home at lower than market rate?  

One of the posts that was removed, probably because it was an advertisement, mentioned a cap rate below 7%, which is very low compared to other markets.  

Also in desperate need of a quality handyman.

Passive house building standards are aiming a low but not zero energy costs. 

Either you or a representative you trust with out exception must perform all the necessary due diligence just as you would for a property down the street from you.Turnkey companies want to maximize profit by doing as little work as possible using the cheapest materials.I would have a professional inspector check everything with a fine tooth comb,especially the roof,plumbing,electrical,and HVAC systems.Also make sure you get a repair warranty for when things go to hell in two years or less(and they will).I honestly don't trust any property I don't rebuild myself with my trusted contractor and quality materials that will last at least a decade or more