Since you are engaged - if you and your SO can survive a live-in flip together - then you know you got a good girl there and can survive about anything together :)     There will be tests, but selling tax-free down the road will be huge for your future and I wish you the best!

We are assuming the tenant survived but you didn't say. 

One will find they're over leveraged if a disruption in their property's income is not able to be resolved by other funds. ie, if you have a W2 job with lots of income, you could survive better than someone that is completely dependent on their property's income to cover the mortgage.

It’s a 24-7 service business that you have to enjoy, or otherwise you’d never survive.  

They cannot survive on 10% of your rents, so every little that issue that comes up costs you big. 

I really don't know how some people survive in this world.

My home purchase allowed me to survive and I'm leveraged to about 79% of current value taking in the next chapter on my feet.

So really 2 big things:1 - Can a flipper survive 3-12 months with fewer "motivated sellers" due to that 3-12 months of gravy train forbearance runway that all the owners just got?

I know some people are going to say (thats not nice ,your a mean landlord) but look if youre going to threaten me I need to get creative and so do you, survive and thrive friend

Leases survive the sale in most states, so if there are existing tenants in place with a valid lease, you will inherit those leases and must honor their terms until they expire.