They had purchased a home in Waldo in March of 2023 and refinanced to pull cash out to buy the new home in Lawrence.

Purchase price: $595,000 Cash invested: $125,000 Purchased with the intent to lease to the tenant.

Ideally I would like the rent my property for the next 2-3 years.

You should require the first month's rent paid in full before handing them the keys.Start the eviction process.

They will do a Good title search that no liens or mortgage issues with the firemineral rights transfer, easements, a survey, type things need to be clear.glad you escaped the fire with your health is main thing

Or hire an eviction attorney and wait the time..

And I don't know what the cap rates are in the area for SFRs, but I did a quick Redfin search for a small multi-family home in the area that's turnkey: https://www.redfin.com/VA/Richmond/1622-N-31st-St-23223/home.... 

The difference is, if you don't specifically lay things out, you implicitly agree that the prenuptial agreement is the laws of the state you currently live in (or the future one you live in at the time of divorce). 

Start-up expenses like the ones you mentioned can’t be fully deducted in the year they’re incurred.

Look at the trailing 12 month's expenses on the seller's operating statement.