Hey Will,As a PM in the area:-have a lawyer look over your lease-make sure EVERYTHING is in your lease (who replaces air filters, who replaces smoke detectors batteries, who cuts grass)-be thorough with background inspections-make sure tenant is aware (and is in lease) on when fines occur for late rent and how much they areThose are things that first come to mind.In can be expensive and time consuming to set it all up the first time and do it in a way that protects yourself and your investment.Let me know if I can help in any way!

It would be nice to know before you put in your offer, but then that person would have to be go with you to the property early on, which can be time consuming and you could potentially miss out. 

Keep educating and take action!

My recent discovery of (and obsession for) the bigger pockets podcast has given me tons of motivation and a drive for action!

Love that you're taking action so early!

The IRS still has a lien on the property for the full amount owed and can bring it's own action to foreclose its lien. 

The key is massive action.

The Number One reason I joined was to receive unflinching Accountability.For most of us, it's not a lack of information that dooms us; it's a lack of action on the info we already have!

The cost of business goes up for the landlords, which is passed down to the tenants in increased rents, if the rent isn’t sustainable for the tenant they go out of business or passed the increase down to the consumer in higher cost of goods/services. 

I want to learn as much as I can about real estate investing, then take action and get started.