I recommend you speak with a lender about reviewing whether you could qualify for a loan prior to making an offer, as I've seen these kinds of things blow up.

Also make sure to have owners add you to their property insurance policies, so you have liability protection. 

@Tyler Lingle I found a couple prior to even posting this (CIREIA Club) but was curious about others before making a decision on which one(s) to focus my time. 

I don't think you can purchase a policy for one tenant, but you can create a master policy for all your units.

Across the remaining portfolio, I have a really good amount of equity which I can tap into based on opportunities but need to finish cleaning up my personal debt prior to going that route to get best rates etc.

The PM should be an expert on state law, and they should have policies and procedures in place to handle these situations.

Each year, I like to take time to reflect on the prior year and where I’m headed in the current year.

As the new owner, you’ll want the lease and your landlord insurance policy to take effect as soon as you take title to the property.Temporary Lease Considerations:While short-term leases can work well, leasing to a seller long-term often leads to complications.

In my opinion disclosure is always the best policy in both scenarios. 

I had never used a power tool prior.