You should take into account the expenses that go along with it, taxes, insurance, are you going to keep the utilities on you will need heat if you don't want pipes to freeze or you will need to winterize the property, if you are financing you will have those costs.

We've been utilizing biggerpockets' tools and have built our own excel spreadsheet to quickly analyze data-dump from mls reports. 

Pick a title company.

Google "title company" in your city and then pick up the phone.

The tenant downstairs says his utilities were included in his rent.

Hey Everyone,I'm starting my first direct mail campaign to hopefully pick up some properties in a small geographic area with about 800 homes.

Also, when we looked in the basement there was a little bit of water (the sump pump wasn't running as the utilities were off), and there was a considerable amount of rust on the bottom portion of the boiler and two water heaters; all of which didn't look old at all otherwise.Soon after that we put in an offer. 

Consider all the factors and pick the best one.

For example, for insurance, maintenance & repairs reserve, utilities, and PM, i generally assign 10% of the monthly rent to these. 

You can pick up frigidare appliance sets for $1,500.00. good luck