I got my start in arbitrage but you will be sinking serious cash on start up and the cash flow could be minimal. 

Partner Driven saw the Benton St property as an opportunity to achieve a high return with minimal initial investment, focusing on its high potential in the Pleasant Hill market.

Invest the rest.Now you've got income, a primary residence situation that's crazy advantageous, a piece of rental real estate you can cut your teeth on, minimal or no personal debt, and some active working equity investments. 

The price reductions have been minimal, and the current listing price is $300K.

Even if the tenant can’t pay, it sets the expectation and documents the issue.Small Claims Court: If the tenant refuses to pay, you could take them to small claims court, where you can seek repayment without needing a lawyer.Security Deposit: If the tenant has a deposit, apply it toward the damages.Consider Eviction: Given the arrears and damage, eviction might be a last resort to prevent future losses.Talk with your property manager to create a plan that minimizes further risk.

Be sure to add plenty of rugs to minimize damage.

Arizona’s steady flow of out-of-state buyers and rental interest, along with its attractive tax environment, makes it a top choice for investors who prefer markets with minimal seasonal fluctuations.Southern California: Coastal Appeal with High DemandCalifornia as a whole can experience seasonality, especially in its northern regions.

I am a brand new investor and landlord and want to minimize pain points as much as possible.

In addition, the extracts minimize impact to the land owners meaning they are not near the home on the farm and can barely be seen from the home on the farm.I think it is prudent you do your due diligence, but I suspect you will find that there is little risk from not owning the mineral rights and that the mineral rights come with surface rights.Good luck

The home was a new build in 2019 with minimal maintenance and 30 year mortgage at 2.25%.