This will all depend on how good of negotiator you are. 

Welcome aboard @Mike Weigel Glad to have you here.

After that make sure you have your property up to standard before placing a tenant.

You could get everything in writing but you'd have to evict if purchase didn't go through.

How do you think these trends will affect them in the states with declining populations?

My main concern is how to avoid activating the due-on-sale clause when transferring the deed.

Its simple in practice, however you need to make sure the numbers work.

It’s a strategy that allows investors to acquire rental properties with little to no money out of pocket while building equity along the way.If you're considering using the BRRRR method to grow your real estate portfolio, here's everything you need to know about how it works, its benefits, and potential risks.What is the BRRRR Strategy?

Due to the current interest rates, you probably can't live for free, but you can definitely learn how to house hack in that first year, reduced your personal housing costs, learn the rent by room/co-living strategy on-site, and then probably break-even after move out, but most importantly, it is possible to make that work in 2025 with today's rates.It just takes being open-minded and willing to be flexible for the 1st year.  

Why not take out a loan from the equity to pay off that debt?