What if a tenant fails to pay rent, leaves $2,000 in cleaning and repairs, and it takes another month to rent?

@Sophanara Khoeun For significant repairs like foundational issues, plumbing, and electrical updates, hire specialists (e.g., structural engineers, plumbers) for precision, or a general contractor for coordination if the scope is broad.

Give me a heads up next time you're in town.

Quote from @Jessie Dillon: one thing that you can do is have the seller transfer the deed to a living trust that they're the sole beneficiary of, and call the bank to give them a heads up that they're doing it for estate planning purposes. then, a month or more later, buy the property sub-to, and change the beneficiary of the trust. the bank can not see who owns a trust, and if they ever come back and question it, you can just swap the beneficiaries again, show the bank that the seller is still the owner, then swap it back again when they buzz off. this is one of many reasons it's so important to keep a good relationships with the seller if you're buying this way. you have to work together on some stuff.In summary: fraud. 

She no longer buys warranties because she has found the repairs are often shoddy and slow.

So repairs are done at a fair price the same day/night.

You'll pay a higher rate and may need to have more of your own money in the deal in case of unexpected repairs. 

I would recommend that you don't ignore it; repair the drywall, monitor it and see if the drywall cracks in the same locations again.

You’re already way ahead by getting started young—keep going!

I perhaps naively went ahead with the registration and inspection after completing purchase of the home, and wound up with a hefty repairs bill of around 3k.