As to your investment strategy, my thoughts are usually to invest close to where you live or know the market.

You're probably in a better position, being a GC - but still, the success of a deal is usually determined before any work ever starts, so you just have to find the right deal.

I’m not 100% but usually close to current mortgage rates plus a percentage point or 2.

You could pay them a little extra to restock supplies and let you know about any repairs that are needed.

I know the nationwide subscription services are usually crap.

@Troy SchwambergerI forgot to mention that most people want to make at least $100 per unit or more after all expenses especially in areas like the Midwest where you usually don’t see appreciation and focus more on cash flow. 

I would focus on the fact tenants are usually responsible for their own cockroach problem.

Or you can have them sign one of your own leases if you'd like to keep them as tenants.Regarding the appliances, usually there is a bill of sale included that would list out which appliances the previous owner had, and were transferred as part of the sale. 

I had the parent fill out a rental application so I could run his credit.I also paid a few dollars extra to check his criminal record (the apartment association in that area does both my credit and criminal checks for me).

Are agents usually willing to view properties on behalf of their clients if they're first-time buyers?