Natural disasters may occur anywhere in the country so insurance up.

Best case, nobody takes over your property, but you are paying a mortgage, insurance and property taxes on a property that you barely use...Ideally, you would buy a place furnish it and master lease the property to somebody who does furnished rentals. 

. $1325 monthly rent rent $15,900/yr minusYearly expenses of $660/Hoa (gates community)  $819 taxes, $561 insurance $1272 property management.

I just have to check myself.FourplexRent $575 per unitProperty tax 1.79% of your purchase priceClosing cost 2%Capex 5%Garbage $65 monthSewer 100/moMaint 5%PM 8%Insurance 2500/yr

We are putting 20% down to avoid mortgage insurance.  

So my fix cost will be $2250 for mortgage, insurance and tax plus $310 HOA.

As long as you get title insurance, it’s just fine.

I do recommend in getting a part-time job so you can insure that your living expenses are taken care of while you are learning the game. 

I just read this blog post https://www.biggerpockets.com/renewsblog/places-invest-real-estate in which 6 markets were scored across a few categories:- median rent: median value- rent to income- taxes to value- insurance to value- average appreciation- unemployment- crime- population growthA few people commented afterwards and highlight job diversity, % renters, and % vacancies are also important.As far as sites people use, I’ve only heard of city data but I’m not very familiar with that site.

These will include (but not limited to) Taxes, Insurance, Utilities, HOA Fees, etc., that occurs during the Rehab period and up until the property is fully rented.