The first thing prior to this would be to verify this is a good tenant, check the lease, and confirm with the owner with a payment ledger that they have been paying on time since they have been there. 

Talk about sleepless nights wondering if the bank is going ask you to write a check for the rest of your mortgage!

Hey Jack - Check out this article: https://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...

Check it out!

@Nitesh Chand check your state & local laws!

I once ran across a hot tub where the customer mentioned it tingled when they were getting in it .

HI Anne, check out this gentleman: Dennis P.

I believe if something happens and the tenant only has it in their name I am unable to get the proceeds because the check will be written to them. 

They usually spend one day going through the property checking everything for a couple of hours and move forward.

Check 4 weeks prior to your counties trustee auction date for new inventory.