If the company is good in the business, it would be happy to provide customer references.Do not forget to ask what services are included and how often property manager will communicate with you.

You can use the calculators on here to present the deal to a buyer(free for 3 uses unless you upgrade to a pro account) with a breakdown of the estimates(you want to be as accurate as possible), and you can find templates for the contracts here(but your contract should be reviewed by an attorney in your area), and there are plenty of list services(a lot of people mention List Source) and direct mail services(sometimes combined with list services).

Been doing my stuff for a long time and works with several real estate investors, including some from out of state.  

Also keep in mind I did not include any closing costs or payments and expenses you will have during the holding time while you rehab.  

The market dictates everything, including the rehab...but especially it decides, before you start lookingat properties, what market to invest in...or more important, which markets to NOT invest in.Once you find the right market(s), then you need to find the micromarkets within that market...and there are usually many.

Freddie:6 months of PITI for all investment properties, including subject.I do both.

What information should I include in my posts to make it easier to help answer my questions?

Those risks include higher tenant turnover, tenants can tear the property up which leads to higher maintenance and turnover costs, eviction costs, and more.  

@Dave Foster,  so you can have a TIC combined under one entity?  

"House Hacking" is another way to go for you and can include rehab money needed as long you are willing to live on premises for a year.