However, due to my wife's pregnancy, we decided it would be best to move back to Miami to be closer to family in June 2024. 

Would love to connect and help you with finding some on/off market deals and introducing you to property managers.

It’s great to see people with an eagerness to grow in real estate wholesaling.

What should I look out for while writing my contracts and explaining them to customers?

Quote from @Leah Miller: Lender #1, is completely ready to go. 

This would apply to your unit.Your biggest concern with setting the rent should be the near future. 1) Your insurance is guaranteed to go up, probably dramatically.  2) You may get an insurance assessment bill to cover the CA Fair Plan losses.

If the leases end up in the realm of where we believe they will the value of the building will go up a good amount and we will have close to 1 million in equity.  

FWIWI use tenantalert.com  They used to be different name. 

Too many newbies seem to think they can blindly follow "old" advice in today's real estate market and be successful.Many, basically get taken advantage of by those in the industry that have an incentive to keep newbies blind to new realties, just to keep their good times rolling.What many newbies have figured out is that they can't make the numbers work on rental purchases in their states - like California, Arizona, New York, New Jersey, Washington, etc.What they have NOT figured out is that if they go to cheaper markets, they aren't being shown Class A rentals to buy.

I think it is best for me in my situation to use an all cash offer, and I don't rent back to distressed sellers.