Rent in my area is usually around a $1/ per sq/ft.The idea of very low maintenance and a home warranty is appealing to me.

Long term, this means we're going to see fewer pockets of high prices and low prices.

Younger families are starting to move into town so single family homes might be a little more advantageous since it would seem there's not much of a seasonal cycle due to fall and spring semesters.

Get deals done the right way and connect with seasoned investors only on Bigger Pockets.

Some owners just eat this cost if it is too low of an amount of claim on insurance. 

But don't fret it, the commissions are low, you have to do a lot free property management services, sometimes out of pocket hundreds of dollars waiting to get reimbursed, etc.  

If so try FHA if you are looking for a low down payment.

Inventories are near record low in many markets and job creation is strong.

There are some lower priced (I understand "cheap" doesn't always mean "value") condos in my area, and after running some numbers, I feel I can rehab and rent them out to cash flow in the low hundreds (after expenses, commons, etc).Anyone have experience in this before?

As I understand it banks tend to look for 6 months of seasoning prior to refinancing.