At this point, I definitely would find some solace in that. 

This my first/introductory post.

Does renters insurance cover something like this?  

What seems to be the overall consensus on this question?

If the R2O buyer gives notice on their current place and your deal falls through at the last minute, those tenants would be scrambling to look for a place to live.I second this, not a good luck to just rush something through.

In this market, I would definitely list with an agent and not do FSBO. 

In that case, this would need to be an all-cash purchase and could be sold along with any liens, violations, or judgments against the property to be the responsibility of the purchaser.To your point, this is difficult but feasible.

Here's why:Long-term this isn't a good rental property.

I have some web design skills (I'm an engineer, so easy to learn new programming languages) and I'm currently testing my new system to manage the tenants.

I'm 30 with a family of four, just bought my first primary home this year.