My terms have been under 5% but unfortunately the bank I am working with only does 15 year ammotizations rather than 20, but there are plenty of banks and some I have worked in the past that will provide 20-25 year ammortizations.  

I'm sure there are still plenty of schools there.

The potential problem that could arise is that your buyer could have an issue, call contractor, have the contractor fix it, and then tell the contractor to send you the bill -- all without your input.While -- in my opinion -- there are plenty of situations where it's reasonable that you foot the bill for a renovation item that wasn't done correctly, you would much rather those phone calls go through you than directly to the contractor. 

See if you can find a local property manager, invite them out for a cup of coffee & get their opinion on different parts of your local market.  

I've seen plenty of houses have their foundations repaired. 

Here in Florida there are plenty of neighborhoods with houses without association.

I know plenty of people rent them, rent to own, or lease purchase, but how about selling them like a traditional home - How difficult is it to find qualified buyers? 

Hello my friends,I am Jeff Smith from Lubbock Tx. and I would like to invite anyone who is interested in real estate to come check out our REIA meetings.

Plenty of good tools on her and people in the local area.  

May you live to be a 100 and invite me to your birthday party.