They would like to make sure that if a lawsuit does arise from past owners as to who has the right to the title then the title insurance will protect them.

Inventory is low and we are in a rising market.

Avoiding one bad tenant can save an investor hundreds of dollars in lost rents and even thousands of dollars in repairs and damages and the cost and headache of going through evictions.Good property managers have lots of experience with all the different issues that can arise when renting to tenants.

As I am a new I will also consult with the attorney to review contracts and whatever else arises.  

We are about 4 days away from closing and some major issues have started to arise, any advice would be great!

That way you will have someone available to help with your property as situations arise.

Or does the fact that you can sell the property counteract any and all problems that could arise?

To house people and make a profit at it.To accumulate net worth in multi-family assets.To live a comfortable life.To have fun.To help others (in this business) if I can--a rising tide raises all boats.

If the tenant clogged the line at the first trap with hair or food/grease, or jammed the disposer, that is 100% their expense (I make it a point at move in to be sure they understand how to reset and how to use a disposer wrench to solve 95% of disposer issues, saving them the cost of a plumber forever when those issues arise).

just do the math based on your future goals...That said, BRRRR can work if you are buying with cash, using delayed financing, and buying at extreme discounts under appraised value....very few people can pull this off consistently.There are a host of other considerations with BRRRR, just be aware...like if you are using a conventional lender, all your re-fi's will be based on your personal DTI and credit score...you'll hit the wall very quickly...so you need a commercial lender up front...but you'll take a big hit on points and origination fees...and will be required to hold so much in reserve that you will likely not cash flow for years.Nobody really talks about the potential issues that can arise if you are not BRRRR' ing in a way that makes sense.