I started the opposite of most people by starting with subject tos.  

Initially I was going to invest in Lowell, MA but, I can't help but feel the market is really hot right now. 

The next step would be to work with the Realtor and determine the hot markets, in your County, with the greatest number of sales over the last 90 to 120 days.

You can make your offer subject to review of the easements by your Attorney.     

Maybe this is a subject the REIA's could tackle?

Putting this out there to measure interest and to eventually meet up and discuss this subject and how everyone would like to move forward with this concept.  

I know its not a steal :)Also, I am told GA market is very hot now and can expect good appreciation in next few years.

If the CCRs are silent on a subject then it's probably okay.

Tenants are extremely hard on appliances, it is not uncommon.Landlord Responsibilities: Landlord will at all times during the tenancy keep the premises fit for human habitation, and shall in particular:a.Cultivate, care for and mow surrounding grass, lawn, flowers, and shrubberyb.Maintain the premises to substantially comply with any applicable code, statue, ordinance, or regulation governing the premisec.Maintain the roof, floors, walls, foundations, and all other structural components in reasonable good repair as to be usable and capable of resisting normal loadsd.Keep any shared or common areas reasonable clean, sanitary, and safe from defects increasing the hazards of fire or accidente.Provide a reasonable program for the control of infestation by insects, rodents, and other pests at move in f.Except where the condition is attributable to normal wear and tear, make repairs and arrangements necessary to put and keep the premises in as good condition as at move ing.Provide reasonably adequate locks and provide keys to the tenanth.Maintain all electrical, plumbing (main lines), heating, and other facilities and appliances supplied by Landlord in reasonably good working orderi.Maintain the unit in reasonably weather tight conditionj.Provide facilities adequate to supply heat and water and hot water as reasonably required by the tenant

Is right this is a touchy subject for all hands so let your Attorney handle this.