Just make sure the debt service coverage will be 1.25 or better.

I'm not on the servicing end of the lending spectrum, so I cant say with 100% accuracy that you cant do an assumption with any other lender than the servicer, but that would be my guess in this case.

When investing in Condos, would you scale back Maintenance and or Capex percentages on a Buy & Hold rental due to roofs, foundation, outside expenses included in HOA fees?

Using the money in the IRA for any fixing, HOA fees, or maintenance on the properties is really pretty simple.

I thought about having a property management company manage the property but I do believe this is something I could do on my own and utilize on line screening services as well as checking local evictions public records. 

One of the current tenants gets a discount for lawn care and snow removal so I didn't even think about property maintenance.

Are some experienced investors reading this and predicting failure due to an unexpected maintenance issue, or failure to manage my manager?

A bit about myself, I'm currently active duty Navy stationed in San Diego, my wife who was also Navy just recently got out of the service & I think now is the best time to try to purchase our first property we are looking here in San Diego and some areas in Arizona.

Thank you for your service !

Also, a 50K property often comes with deferred maintenance issues.