And don’t skip the due diligence—inspect everything and plan for unexpected costs.Take it one step at a time, and you’ll do great.

If it is, what is the seller's plan if the underlying lien gets called in? 

Selling now could simplify estate planning and lock in gains, especially with capital gains taxes in mind.

Indoor camera ONLY for the vacant period for safety/peace of mind then plan to remove once renting it out but will keep outdoor cameras. 

To mitigate these risks:*Have an Alternate Plan – Be ready, if the market slows, to rent out the property.

Our calendar fills up fast 9-12 months ahead of time so we have to plan that far ahead.

Quote from @Josh Otero: Hi BP community, I know you've got some crazy tenant stories and I want to hear it.I'll go first:1) I was managing a 5 story apartment building and a dog fell off the 4th floor balcony because of the owner not paying attention.

If doing a light rehab depending on the scenario sometimes an inspection is good if planning for just a cosmetic not to have any surprises later in the project 

Rent-a-plans?

Fine-tuning your savings, building a reserve fund, and running detailed ROI projections will help solidify your plan for long-term success.Good luck!