Some due diligence on the document side.

Document successes to build credibility with lenders for future scaling.

You can combine both sources in one document to strengthen your proof. 

Without an operating document, it's unlikely they could sue you unless it's in the city rules that all homes are responsible.

Until now, I’ve mostly shared this journey with close friends and family, but I’ve realized it’s time to open up and document this experience for everyone.

Most of my renters choose #1 because it provides a clean break.I document everything and I don't accept the early termination notice or start the clock until they pay the termination fee. 

When selling for sale by owner (FSBO), ensure all legal documentation is in order and consider consulting with a real estate professional or attorney to handle the lease transfer and legal aspects effectively.

Analyze and submit offer based on if you would have a 3rd party property manager.

Again, have to be self employed to do this AND rates are higher on these loans.You will be able to add back your paper losses on your rental business by your lender using this form (if they are competent which not all when it comes to investment real estate) :  https://content.enactmi.com/documents/calculators/Form1038.C... 

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?