But don’t squander a huge portion of it on a depreciating asset (think sports car, jewelry, etc).  

Capture the most accurate photos and video walk-through of the space as you possibly can.

I just posted a video on YouTube on certain neighborhoods in Chicago and there are some neighborhoods where the prices are falling or staying longer on market.

The video is both a great message and approach.  

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

He is in my area but the more I looked the more skeptical I became.A bunch of his videos are just him working out with words about investing written across them.His business name is very unprofessional. 

If not, or if this is a first time occurrence, I'd start with gathering any tangible proof that the damages are a result of the other landlord or tenant ie; video camera, pictures and suggest to the tenant that they seek a resolution based on the evidence.

I am working a couple other zip codes (38117 - East Memphis & 38122 Berclair) but main focus is 38111.I have done some in depth analysis on my YouTube channel if anyone is interested in seeing how I run my numbers and always happy to hear constructive criticism or better ways to do things.Additionally, later today I will have a video out reviewing "Rent To Retirement" and giving an overview of their site and academy. 

There  are videos on youtube (Pace Monty?

Even if their experience is real, it's probably the 1% and unlikely you can watch a few hours of videos and replicate their success.There are more tips, but the main point is this: you are responsible for your success.