Based on your assessment of the spread, if it makes sense, then jump in and make an offer but try to push the settlement date back as far as possible to give you enough time to come up with a detailed execution plan for turning the property back into market. 

What other parameters do you use to assess the worthiness of a deal?

Once possession is taken, the landlord can follow the statutory provisions regarding making a claim on the deposit, including assessing for damages, accounting for all monies owed and unpaid during the lease, taking move-out pictures, getting needed estimates for repairs, etc.

My first step would be to go by the tax assessment.

Even with a dozen Properties spread over 25 years I have yet to have a property become uninhabitable.

A Comprehensive Guide to Homebuying, it's essential to be thorough and methodical to ensure you're making an informed decision but draw boundaries, it's okay to open built-in closets and kitchen cabinets to assess the property, However, respect the seller's privacy by not invading their personal space, such as medicine cabinets, storage boxes, or clothing drawers,Interior:Architectural style.Bedroom and bathroom count, size, and location.Closet and storage space.Number of floors.Sightlines and general floorplan.Appliance age and condition.Light switches and socket count.Plumbing and water pressure.Natural light and views.Noise levels.Stairway width and type.Porches and decks.Garage and parking capacity.Proximity to neighboring homes.Remodeling opportunities.Exterior:Roof and siding condition.Landscaping and outdoor maintenance needs.Additional Considerations:Take notes and photos during the tour.Use your five senses to assess the home's condition.Ask your real estate agent questions about the home's features, flaws, and market conditions.Red Flags:Overly scented rooms.Water stains and damage.Lack of maintenance.Foundation issues.Sagging ceiling.Fresh paint that may be covering up issues.Final Tips:Be prepared to make multiple offers before finding the right home at the right price.Stick to your budget when making an offer.Don't overlook potential red flags just because you love a home.

I'm in Orlando and we have dozens of communities that are specifically built to be STR and every single family home comes with a pool and spa.

If you wants to find a property in Nashville you should define your investment goals, research the market, choose a location, assess your budget and financing options, choose a particular type of property, become acquainted with local regulations, network with professionals, conduct thorough property search and due diligence, think about one’s long-term investment strategy and assess risks and opportunities.You can locate a good home in Nashville by taking these steps and consulting with knowledgeable local consultants.Good luck!

I know dozens of investors from CA, and around the world that invest OOS all you need is a team.

I've been researching and see a few credit unions that do "ADU loans," where they'll assess property value after construction complete, then loan based on that amount.