I did see a post where the landlord was fined $500, because no inspection was done as the tenant forgot and wasn't home to let the inspector in and the landlord was never notified. 

Fine.

The perimeter of the house is fine but anything inside is not. 

I sleep at night just fine knowing I make a few percentage points less than those who take on too much debt.

If you are overpaying, then you could be hamstringing yourself in the short-term, but should be fine in the long-term as long as you can hang with the insurance costs.Failure is a mindset and it seems you are having a weird bout of FOMO.

Hope there isn't too much exposure but wouldn't surprise me if somebody ends up with a fat fine from the SEC after this.... 

I like my landlord just fine and there are zero issues on either side concerning payments, repairs, upkeep/cleaning, or anything else.

As long as you close on your house before the foreclosure sale date, you're fine.

I don't manage my clients' booking revenue so it's fine with me.I have an AI for STRs slide deck.

If you already have land available that you want to work with and to put the home on that is fine too, or we can find land that works for your investment goals.