At very least, run your proposal by other family members so no one gets bent out of shape.Third, a three-year balloon is super-short and ill-advised!

However, I will say, if it is a year payment, it is advisable to hold the year's rent in trust and pull the money out as each month's rent accrues, just in case there is a dispute during the term.

Moreover this is an attorney state and most of  the attorneys do not advise their clients for a straight wholesale from the homeowner except some special circumstances. 

In Florida, if the landlord believes the tenant has abandoned the premises, the landlord can take possession, but I advise my clients to make sure the presumption of abandonment exists (pursuant to statute) and to follow the process of sending notice to the tenant stating that the landlord has determined that the tenant has abandoned (giving the reasons that form the basis of that determination) and that if the tenant doesn't respond within the deadline given (normally 1-3 days), the landlord will retake possession.

Are there any Seasoned Vets in the California Bay Area who would be willing to mentor / advise a newbie whom only has a strong background in all things Construction and Maintenance?

This is what you do.Get a website, and be sure you put your URL on every marketing piece you send (I would advise you NOT TO SEND DMM... but OK).Then do not do like 100% of .. well everyone does.Sell yourself in the hero section.

BP community, what course of action do you advise if the list price of the HUD home is extremely low. a situation in which you feel you need to bid ABOVE the list price, maybe by 20-30k.

I'd also highly advise against ever renting to anyone that has the intention of doing STR arbitrage.

These buyers benefitted from lower monthly payments and avoided the intense competition seen in subsequent years.As inflation picked up, partly due to increased government spending and monetary policies, interest rates began to rise sharply, reaching around 7.5% to 8% today.

Your broker should be able to do this not to mention should be the one advising you on how to do this properly.