You'll need a career, so being an agent is a fine path, but read to of books on RE investing, and participate in BP forums.

That ensures the renters that you aren't eavesdropping on them.Smoke sensors aren't necessary. inspect the property once in a while, hit them with a fine or eviction if they violate.

Depositing the cash flow will pay down $7200, leaving you with a final payment of $12,800.

I did her have email management to let them know she has the key seeing that she will be paying rent until July 1...Didn't see the point in handing over the key and still paying for the place plus because of Covid-19, they had said their staff wasn't gonna come out and do a final inspection until they deemed it safe and she didn't need to be there for the move out checklist and could mail in the key.. 

They will receive a final paycheck, sometimes severance and accrued PTO and other benefits.

I have not seen too many sellers willing to carryback a majority of their sale.This strategy will really only work if you are adding value to the property of which will give you the opportunity to pay off both the lender and seller through a final sale of the property. 

Josh, I want to get a final inspection for a building permit.   

BUT, there are exigent circumstances like plumbing leaks, fire, or police emergency.As for civil penalty, I have never heard of the police charging the property tax paying landlord a fine for such a violation.

I agree and that's what I was told which caused me to want to get more opinions and look into it more before making a final decision.

During this process we spec all finishes/fixtures/scope of work, and then provide a final "guaranteed" budget that will only change if hidden conditions arise (code/safety-related), scope of work changes (additional work added above the defined scope), or fixtures/finishes change (price will go up or down, based on the new selection and any re-work necessary).I strongly recommend you find someone with a similar process, who also freely offers up proof of licensing, insurance, 3-party reviews, and client references you can contact.Finally, if it's a long term play and you don't mind spending the money, consider the "phased" approach mentioned by @Nabil Suleiman.