Justin, what @Russell Brazil has stated is spot-on.

Hi JohnnyGreat to hear you are jumping in the investment game.It sounds like you have already talked to a lender in California, you may want to talk to a lender in Boise just to get a second opinion as well as local knowledge.As well you are in the right spot here on BP, with lots of great information.I like the Bigger Pocket rental section with the spread sheet of costs to consider when being a landlord.

I am guessing that this is a working class neighborhood and each apartment will have a vehicle, but the lot is small, so some renters will be fighting for a parking spot on the street. 

If used correctly, it will keep all of the small crappy reservations from being able to book you spot, (they will book your competition instead).

I think we are distanced from that spot. 

It make the case the "drive to" spots are going to become increasingly popular due to the perception of greater safety. 

I think it's best to be able to provide an offer on the spot, but YOU need to be comfortable and confident with what you offer.By the way, where did you come up with those ARVs? 

Here are some recommendations for you:Find and connect with other BP members that are in your area: https://www.biggerpockets.com/search/usersSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: https://www.biggerpockets.com/podcastIf you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

If you have some of those locations you should be in a good spot. 

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