Re knowing the market, which is one of the reasons (I've read up on that) you'd want a RE agent, esp if not from the area, which I am not, my agent is from about 2 hours away and as the listing is an existing Airbnb for 3 years, I see the prior numbers, and based on that, reviews, and market data, have made an estimate of what I believe it will make under my ownership.

You could plug in basic property information and within 5 minutes have owner information, mailing address, prior sale info, zoning, rudimentary comps, etc.If you do regular business with a Title company they can give you access to their database upon request.

Each PM does it differently I've had this situation before and in prior case the full deposit was applied to damages vs rent.  

Was this not advertised or discussed prior to move in? 

I performed a 1031 exchange last November 2023. I have found another property of interest and I am considering selling the replacement property from this previous 1031 and using it to 1031 into this new property. Is t...

I send that 7-14 days prior.

was the prior use for residential? 

We reviewed everything prior to purchase so we had no concerns.

Make sure the deposits are transferred and not deducted from purchase price, otherwise you will need to come out of pocket when tenants move out.You should also make tenants and landlord sign an estoppel agreement, which outlines important items and agreed to, so the tenant cannot claim to have a huge deposit later or claim that the prior owner gave him ownership of the shed in the backyard.

I did a lot of research prior to moving forward with purchasing a home at the auction, but there was still some information that I was not aware of after I purchased the home.