For several reasons (property taxes, politics), I would prefer to begin real estate investing somewhere other than locally. 

Liquidated DamagesIf the Subcontractor fails to complete the work by the agreed completion date, liquidated damages of $[Insert Amount] per day will apply.

While it might feel like an extra charge to tenants, these packages often provide value that indirectly benefits the property owner as well—like reduced maintenance calls or ensuring the property is better protected.In my experience managing a large portfolio of properties, these fees are becoming more common due to the thin margins in property management.

The tenant wants to stay another 2 years.My other adult properties have often had long-term tenants.

This is critical for protecting yourself, your property, and your neighborhood.Here’s why:Safety Concerns:Skipping checks could allow someone with a serious criminal history—like a sex offender or violent felon—into your property.

Insurance right now is wild, so I'd get a solid broker on your team - I'd be happy to share my contact if that would help.Also, aren't most of the existing insurances shared on the OMs for the properties? 

Are they doing everything possible to expose properties to the broadest possible market?

So your capital gain when you sell this property will be calculate against your tax basis and not against your mortgage as many investors expect.

Is this property in TN?

The lender just records the warranty deed and is the owner of the property.