Partner with others who will do the active management (including rehab, mgt, maybe even deal sourcing).

Would it be a good idea to vet a new Gc by getting estimates on rehabbing the third floor with carpet and mainly renovating the bathroom?

I went to the address they gave and did not see them listed in the directory.

Depending on weatherThe following is the repair bid and information on the said above address.

Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

The summers off are nice for rehabs and tenant turnovers.

Use the current address, if you dont have a new one and it should get forwarded. 

I think the two most common avenues for beginners is either rehab and flip or buy and rent.

Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

With what numbers you have there, if you are looking to BRRR then I would bet you wont make much unless you park a lot of cash into it and are good with cashing out your rehab money.