If eviction is necessary would you wait or can you find another property of equal or better value.The seller would handle the eviction if it were to become necessary, but it is very unlikely that they would pay you or give you any concessions for your inconvenience and extra time spent.

my brother and sister both own an extra home that they couldn't sell that they started to rent it out......So I want to dive further into RE investingI am looking to get into buying a home (SF or Townhome) to rent out that will be 200k negotiated price.   

Would there be extra cost too?

Get involved with the people who run things AND visit the office for 'Permitting' These guy and gals may have much to share about who's who' and they know the good ones.When you contact these leads you need to say, "It's great to meet you .... the people at Town Hall speak highly of you!"

Because of federal fair housing laws that require landlords to allow reasonable accommodations for tenants with disabilities, the following apply: Landlords may not prohibit a service animal or companion animal from living in the unit.Landlords may not charge the tenant extra "pet" rent or "pet" security deposit.Landlords may not apply other "pet policy" rules like breed or weight restrictions.

Then you could end the contract if you feel there are extra people there.Of course it is discriminatory to not rent to an applicant for being at the occupancy, so tread softly and document your decisions.We have had occupants at the max, we let them know before they sign that no additional people are allowed under any circumstances. 

Once you start hiring someone to book rentals, clean it, manage it, etc. you lose that extra income and then it makes better sense to rent it long term.

Just be prepared for the extra expense.You mentioned you used the BRRRR Calculator.  

The important thing with a rehab is to over-budget and to have an "extra" budget.

Did you get permits for the work you did, will it pass a fire code inspection ?