Get an inspection, make sure you don't need any major repairs and scrutinize the rent roll.

And because $462 is well below the best practices for contingency savings, you should expect to fund emergency expenditures out of your own pocket if they arise early on.This is where a thorough inspection comes into play.

Chances are if something bothers you it will bother your tenants17.Don’t be cheap, get the inspection done, you’ll be glad you did.18.

Please fill me in on what to expert IRT my asking price and if there are any items I should be aware of come inspection day that will affect my rental rates.

Subject to inspections.  

Neither of these things came up during inspection.

If this was during the inspection period, then yes!

A new soil inspection needs to be made, for example.Thank you!!!!

Also, the property management costs when you add everything up such as the monthly 8%, lease fee of 75%, renewal fee, bi-annual inspection fee, 15% margin fee on repair etc. seems like a lot and in the end, they make a lot more money on my investment than I do with little to no risk while I am taking all the risks.

I'd also schedule an inspection.