I’m an eager guy ready to build something great and long-lasting.

Investing as an LP in syndications/funds is a great way to build a passive real estate portfolio.

If you're looking to invest OOS you should check out this Bigger Pocket Blog here: Core 4 Members of a Profitable Long-Distance Real Estate Investing Team (biggerpockets.com)explaining what's needed and how to build your Big Four team so you will have boots on the ground ready to move full speed ahead when you're ready to pull the trigger.

I.e. if they told you the roof was brand new, and upon physical inspection, you discover that the roof on a shed is brand new, but the main building needs a full replacement to the tune of $50k, that is not retracing a deal.  

And yes: the pictures should form, sequentially, a walking tour through the property (building on your "flow" concept).No only are you correct on each item, but I can't stress enough their importance and significance. 

I'm employed with the Columbus Clippers and intend to utilize part of our housing stipend towards building equity in a property.

I point out that even if the building didn't need much work in the last 20 years,  many systems (roofs, water heaters, paint, windows,  and may other things) were clearly wearing out and may not last much longer and to avoid unpredictable expenses a proactive approach was necessary to start upgrading)I then followed up with individual conversations with residents which helped me to understand their finances a bit and hopefully understand their ability to pay and what assistance program(s) they may already be getting or be eligible for.   

Downtown Miami stands to benefit tremendously in the next 5 years from the completion of the Miami World Center.Don't skip over Edgewater, its central location and new buildings have drawn a lot of clients looking for the Miami life but a bit less noisy. 

I don't find a lot of Montanans; I'm interested in building a great team so I can begin wholesaling and finding short- and mid-term rentals in both Montana and Arizona!

Does your lease say anything about ensuring the quiet enjoyment of the other tenants in the building?