Obviously phrasing would be different, but what happens there?

I should re-phrase that to say that any lien that can jump in line before the mortgage's lien would matter - each location will have rules for lien positioning that is followed.I have seen bank REO properties that got municipal liens attached after sheriff sale ...

You already have the key phrase, they A/C been running nonstop for a few days.

Understand landlord tenant law and, just like hiring employees, remember the phrase "slow to hire, quick to fire". 

"House hacking" seems to be a buzz phrase for various forms of investing that involve you living in an investment house. 

There's an agent here who {over} uses the phrase "awaiting your decorating touches", which translates into "the shag carpet may be gone, but the appliances are still harvest gold and nothing else has been touched since 1978".  

A Dave Ramsey phrase comes to mind - Live like no one else so you can live like no one else. 

@Brian Mathews  wrote a phrase that Dave Ramsey often says, "The only ship that won't sale is a partnership."  

Not sure who coined that phrase but it works.

Well you used a key phrase there- "active" real estate investor.