There always should be a clause in the lease outlining what "abandonment"  is.

I pretty sure you are aware but, I will mention it any way, you should also include a 'Late Fee and Returned Check Fee, Application of Payments' section in your lease specifically outlining what fees they will incur if rent is late, if there is a grace period, what happens when a check bounces and what order will funds be applied (our order is: $ is first applied to late fees, then to returned check charges, then to other amounts - excluding rent - then to rent due under the lease) - If you're going to report to credit or tenant agencies if they pay late then you need to have a separate clause in there for that too - and also if you charge a fee for having unauthorized pets or smoking the home.. you need to have those clauses in there as well. 

This would outline how you're going to pay back the debt you borrowed.

Then use the various strategies outlined in the guide (driving for dollars, direct mail, craigslist) to try and get your first under contract.

It has a big pool which was the main draw of the house but as a first-time pool owner, I'm just learning about the seven drowning prevention safety features outlined in the Health and Safety Code below.

@Alex Kovalenko I use a 1-page sheet I share with any prospective Tenant that outlines the Screening process.

Sellers blur the lines (lie) all the time about which neighborhood the property is in and even if they're technically correct because the outline of the zip code of neighborhood that pops up on Google Maps shows the property is "in" the desirable neighborhood, there are always good and bad streets and good and bad blocks.

@Nathan Hann The first step I would take is to have a conversation with your agent about your expectations that you outlined in your original post and take it from there.

The main speaker, Scott Rowe, outlined the program, indicating how Renatus will help you shed your "job" (just over broke) and lead you to a "real" MBA.

Now that I am thoroughly confused...In all seriousness though, what J Scott mentioned regarding 'cost of capital', isn't itjust what I outlined above, ie. paying cash vs. paying 20% and financing the rest?