But it’s uncertain how meticulously the IRS will examine my logs.

Make sure to spend some time studying your state specific laws as the state exam is harder than the national exam....in my opinion. 

Legal records can be harder to examine the further away a tenant moves or the more time that has passed, making them easier to miss.

Hey Brandon,First, thoroughly examine the numbers.

Pretty anxious about this job I’m taking on so anything to calm the nerves is appreciated!

Examine the post-rehab value (ARV) of the property to determine whether you can refinance and extract most or all of your original investment.

"What nerve these tenants had!

There there's a thing called an order of examination.

@Jenny Cunningham, I'd say you hit a nerve!

I don't want to deal with property managers, let alone tenants who will get on my nerves by failing to pay rent or demanding a new stove, refrigerator, window, HVAC and etc., and breaking the drywall and kitchen cabinets with sledgehammer if I evict them for non-payment of the rent.