I've talked to my dad multiple times about the pool and animals, but he doesn't seem too concerned.

Since they are paying one year's rent upfront, what should I be concerned about?

However, they provided a receipt with these concerning observations.Now, the township wants additional information about the drain field's working condition.

Aso address the tenants concerns and have them confirm they are planning to leave and ask for notice according to lease?

Let’s see what challenges arise to this legislation and what the arguments are based upon.The commerce clause concerns interstate commerce so that’s not relevant to this state law.

Hi Daniel, as a Miami-based Realtor who works with investors on new/pre-construction purchases, as far as location is concerned, I agree with your choices of Miami Beach and Downtown Miami.  

Am I concerned about "lack of liquidity" or "lack of leveragability?

In your situation, you are getting a tax savings, which could theoretically be added to cashflow as a negative expense.As a flipper, I would be very concerned about the credit markets. 

I'm also concerned with the liability here.

The kicker for a lot of folks is giving up a 3%-4% rate to do that which makes Quit Claims a little more effective.You just want to make sure that the title is done properly to avoid any downstream concerns