take precautions maybe you will be fine, but that is up to you to decide, I do not know that neighborhood.

I deferred 3 mortgages as a precaution, but now my mortgages on each are a bit higher. 

Following move out I had a deep cleaner come to clean the unit and take precautions to attempt to clean the flooring, walls and ceiling.

Not sure if its fear or precaution ;)

Be firm and fair in your tenant interactions, screen well, have a clear and comprehensive rental agreement, take swift action if a tenant does not comply with the terms of the rental agreement, know landlord-tenant law better than your tenants, take reasonable precautions, have sufficient insurance, have a good professional team which includes an attorney, maintain good business practices, respond to tenant needs in a timely manner, be respectful and courteous, be a community player, and landlord with integrity. 

., and @William Butler.I'll begin using the recommended different tools, sites and software and will let you know if I run into any challenges.I was wondering @Jake and @Will what precautions and tweaks you had introduced to your lease contract to possibly include in the form that I download?  

It's a crazy time we live in and lots of people are retiring from the hard work of others- thanks to law suits that don't feel very lawful.That being said, if you take precautions, sounds like an opportunity with exploring.

Or should I take other precautions to avoid other risks I'm not aware of?

Take precautions. 

This means that you have to go the full eviction route if you need to remove them so take the same precautions you would when renting to any other long term tenant.