Cover all your bases up front with policies on overnight guests (what is an occasional guest vs a rogue tenant), illegal activities (can you evict over underage drinking, marijuana-what evidence is needed?).

I've done a few deals but I'm basically at the 'drinking from a firehose' stage this week. 

I live, sleep, drink Real Estate.

SO---ARGUABLY, and it's true too---almost everything we do can be traced back to some sort of activity on one of those two business pursuits -  lunch with client, assistant, or prospect.... and dinner/drinks with the band or promoter. 

If you can ditch a $300 a month car payment, and drive a beater, (my Chevy is currently old enough to vote and drink for itself!) 

The cape is about 10 years behind  Boston and Boston is about 10 years behind New York in terms of food and drink. 

Go to your local REIA, drink some beers, and ask those people who does their mortgages. 

For example A GRAPE DRINK stain on a carpet will be damage when found immediately as opposed to normal wear and tear 3 years down the road when they move out. 

The information, I've been exposed, guided towards or fallen into has been like drinking from a fire-hose.

If it's still too much, just reach out to people on BP and meet up with them individually for coffee or a drink.