Do you have different settings than the individual listings ie longer minimum stay, etc? 

I think your criteria is a little tight, I won’t speak for every market, but only buying brand new construction limits you quite a bit.

Being a nice guy, you could give them grace and act in good faith, and let them know that you will give them time to set up assistance, but after the next month, if rent is not paid on time, the eviction process will begin.You also must be careful, bc you get into a legal grey area by being nice and giving people breaks, however if you do not give those same breaks to everyone, you open yourself up to discrimination.I would definitely call that bank and tell them to make it right or they will hear from your attorney.The tenants hardships are not your responsibility.

This will likely be a cash for keys situation.This will likely be a cash for keys situation.This will likely be a cash for keys situation.Because they have been there for over ten years, that is one qualifier for relocation fees at a set price.

I’m from San Jose, CA and contemplating on setting up LLC before buying my first deal whether here in California or out of state. 

If you collect by credit card, how have you set it up and at what point are you adding in the service charge that needs to be passed on to the tenant?

Here are a few I recommend: "Rich Dad, Poor Dad" by Roberto Kiyosaki; "Set for Life" by Scott Trench; "The Unofficial Guide to Real Estate Investing" by Spencer; "The BiggerPockets Ultimate Beginners Guide" found here on BP; "The Book on Rental Property Investing" by Brandon Tuner.

You should be able to get someone to rip it out and tile it as a shower for $5k, or just pull out and re-set the tub for even less.

@Candi Kham, Although your access to depreciation may be limited because of the passive nature of investing, you can still have a great overall tax benefit by purchasing right. 

That can be done in a myriad of ways.If you are starting from a blank slate, you will be surprised how much it will set you back getting it right.We started from scratch with a 4/3 lake house.