Finding a great property mgt team will be key for you if you do move forward after a careful due diligence phase.  

Fill in the foundation below.Check out the Start Here page http://www.biggerpockets.com/starthere Check out BiggerPockets Ultimate Beginner's Guide - A fantastic free book that walks through many of the key topics of real estate investing.Check out the free BiggerPockets Podcast - A weekly podcast with interviews and a ton of great advice.

He is accustomed to doing turn key stuff and getting anywhere between 10 and 20% CoC returns.

Just understanding the market and where the landing zones are for people escaping the north are is probably key. 

Fill in the foundation below.Check out the Start Here page http://www.biggerpockets.com/starthere Check out BiggerPockets Ultimate Beginner's Guide - A fantastic free book that walks through many of the key topics of real estate investing.Check out the free BiggerPockets Podcast - A weekly podcast with interviews and a ton of great advice.

The key is going to be to keep eyes on the market and be ready to jump if the right property presents itself.

I have a close friend and a client that I am working with to find a condo for both of them. What are some of the things that get most overlooked when buying a condo that will be good know about to prevent unnecessary ...

My reasoning: Larger Body Types = More wear and tear on the property.It looks like this has already been discussed, without resolution,  on bigger pockets: https://www.biggerpockets.com/forums/52/topics/187...The overriding theme seems to be to not discriminate based on size.  

And bought a few turn-key rentals while in the UK, but located back in the US. 

Hey Lou,Cost, time a quality will be the key to anything you will take on.