The price range this house falls in will cashflow pretty well, so my main concern is getting things right from the start.Legally I've read I need to change my home insurance, any other issues I should look into?

I have a Network Security background, so I understand the security concern, but are AirBNB folks really renting and want to mess with your wifi?  

If you’re concerned about not being close to the property to manage it yourself, don’t worry- there are plenty of services, tech solutions, and management companies to help you with the problem of distance.

Again, this is only a possibility if you meet certain criteria concerning the pandemic. 

@Aaron Macken This was my concern with cold reaching out to property managers for this information.

Become familiar with the terminology, buyer-seller, SFR multi-family residential, commercial RE, assignment contracts, lease option, escrow, laws, and by-laws of your state-specifically and then the general laws concerning real estate transactions.

Thank you @Joe Hammel, for a speedy and informative response you have addressed a lot of my concerns.

My concerns with the deal are I would be almost 100% leveraged and I would be using all of my cash to put the $20k down so I would be left with no cash reserve.

My concern is triggering a "Due-On-Sell" clause and that the life of the loan will be under our personal names and not the LLC. 

@Ryan Xu I tagged Chris Stroup in a comment on my concerns of buying a property while I’m in service.