Two dates after closing a letter arrived addressed to the previous owner from a lender about late payment on loan.what steps to take?

Guests had to sign an extensive waiver before arrival.

Suddenly,rent checks due on the 5th started arriving Florida from Ohio on the 22nd,each one clearly post-marked 5th of the month.So we couldn't charge late fees.For 8 consecutive months.After I figured it was either the USPS had been taken over by aliens or there was a boyfriend that worked at the post office,I changed the lease terms to require only cashier's checks.All checks have miraculously started arriving on time again since that change was made.

I keep hearing about a crash or a correction in the real estate market.  

I’m still less than 50% leveraged so I feel comfortable if the economy crashes and I have to reduce rent or have a lot of vacancies.

Yes you can as long as your father will live in the home as his primary residence and you put enough down to cover your portion of the loan that VA will not guarantee.Here are the VA guidelines for calculating the down payment.VA calculates the guaranty as described in the table below.Step Action1 Divide the total loan amount by the number of borrowers.2 Multiply the result by the number of veteran-borrowers who will beusing entitlement on the loan.There is usually only one veteran borrower, in which case the resultof this Step is the same as the result of Step 1.3 Calculate the maximum potential guaranty on the portion of the loanarrived at in Step 2 (as if that portion was the total loan).Use the maximum guaranty table in section 4 of chapter 3 of thishandbook.4 VA will guarantee the lesser of:• the maximum potential guaranty amount arrived at in Step 3, or• the combined available entitlement of all veteran-borrowers.5 VA makes a charge to the veteran-borrower’s available entitlementin the amount of the guaranty.If more than one veteran is involved, VA divides the entitlementcharge equally between them if possible.

When I bought this rental in 2021, everyone was saying the RE market was about to crash.

Upon arrival we had to cleanup two dump truck loads of garage that they left behind in the apartment and basement. 

We also want to buy a house before some crash of the dollar happens that would potentially price us out of the housing market, particularly in California forever.

I want to arrive early enough to not miss out anything and leave after the closing ceremony.