I learned a lot that help me so it was not a complete waste.

Why waste the time?

Bought for 95k, 100k, 112k, 145k at 20% down all since 2016 so pay down has been minimal.

Our owner statements have enough detail that re-entering the info in QB or other accounting software is a waste of time for most.

How do I minimize my rental risk if I move forward without the answer? 

This is a very small industry and most sellers don’t waste their time with newer investors.One reason why is we call them tire kickers.

If we are at bottom or cycle then I would not waste time finding value-add properties as time is better spent acquiring assets.

If you address repairs, hazards and damages when you become aware of them then the law will afford you a great deal of protection and minimize your exposure.You will also have grateful tenants who are less likely to be litigants- but that has a lot to do with vetting as well.

Having said that - your particular question is not really necessary IMO...you're wasting people's time...you can get a filter after you move in.

It all feels like a waste of time.We've been through the home search and buying process several times for ourselves, but never for an investment property.