There are a number of homeless wandering around in that area but with sensible security precautions they haven't been a problem for my tenants.

Any advice, thoughts, precautions!? 

Will definitely take extra precaution when I go through this for the first time as a total newbie.

Are there any precautions I should take before doing this?

Is there something that I would need to do as a precaution as the buyer?

But knowing if the tenant has vacated unexpectedly would save me time in getting a new tenant and taking early precautions against vandalism which can plague unoccupied properties.Thanks in advance.John

Which gives me $233 cashflow with all reserves (insurance, HOA, vacancy, capex etc deducted) and Cash on Cash 17%.My question is even though this seems to be a good opportunity on paper, what precautions should I take while buying from a wholesaler without a lawyer and what to expect. 

While we do take precautions for freezing weather and the plumbing, I don't actually know of anyone who has had a pipe freeze and burst.

What precautions should I take before I rent to them?  

I have never purchased a property and don't know what precautions and processes I should take for title search, contract, ect. to buy it.