Just dont leave the property sitting empty for a long period of time. 

Hey Brian,In my contracts I have whats called an "Inspection Period".

That's why its best to inspect the property periodically and nip things in the bud before they get out of control.

Kentucky is a great state to invest in period.

If it's really a deal, get it under contract for a longer period 30-45 day and market your contract like crazy.

The tenant lease states that the tenant is responsible for paying property taxes unless the property tax increase is due to the sale of the property in which case the tenant is excluded from the property tax increase for a period of 5 years.

Not sure what neighborhood you're in, but it sounds like it's a class C/D property, which will naturally have a harder time attracting tenants that will (a) pay on time, (b) maintain your property, and (c) stay for long periods (which matters in the long run). 

@Bob Stevens“Investor friendly” (insert type of contractor you need) - everytime I hear that I think - they want the cheapest price available.Saw a post recently on here someone complaining that tenant was complaining hvac was not working and they were doing trial and error to fix it.

You often can’t count the rental income to offset the cash-out loan until you have been receiving rent for a period of time…often 1-2 years.  

What I would do is make sure you have a good long period to get a contractor in and you can pull out if gets to high.