I intend to pay all cash, thereby removing the requirement for flood insurance. 

Jack hammer, remove, pour new floor.

We rent single family homes, so we have a conversation about yard maintenance, snow removal etc - have you don't this before, do you have the tools etcI also bring up house cleaning questions, by telling them we had a tenant who did not own a vacuum cleaner, did not know how to run a dishwasher, had a mess in the basement etc - and then see how they respond.That is a non-offensive way to talk about house cleaning and you'd be surprised how different the responses are.

This removes any leftover soap, oils, hairs, etc.2.

I let them know I would expect a refund if a guest complains about dog hair or something else pet related.

Lender has risk if as @Chris Seveney mentioned buyer puts a second behind your first  this causes the first lender to have to go through a full foreclosure to remove the second in a default scenario. 

I believe it would be irresponsible to remove Lane's ability to post to the forums, as that would remove his ability to defend himself.

Just remain wary of the potential consequences of operating in an anti-landlord jurisdiction: vacancy taxes, potential vacancy control, inability to remove deadbeat tenants, etc.Coincidentally, Jesse Vasquez posted "why your MTR isn't renting" on YouTube yesterday.  

My water usage bill is the same,  general lability coverage is the same, if and when I have to replace my water service line it will cost the same, the cost for my lawncare and snow removal costs the same, exterminating services cost the same and the list goes on.   

Use your $40,000 to buy your way in, learn from some grey-haired guy or gal while on the job, and make a profit.