If could also cause the texture to dry too fast, without soaking into and bonding to the drywall. 

Perhaps it's a way to reserve capital for future rent specials, but I think in this case you need more information.

Not a lawyer, but one that specializes in this type of law to help you navigate the shifting landscape that is eviction law these days for everyone.  

Special shout out to David Greene!

Check with Proper Insurance https://www.proper.insure/ they specialize in STR insurance

This article will address six important tips that will help you invest wisely.1.DETERMINE IF YOU HAVE THE FINANCIAL MEANS TO INVEST IN RENTAL PROPERTIES2.CONSIDER YOUR GEOGRAPHIC LOCATION AND DESIRED LEVEL OF RISK3.RESEARCH DIFFERENT MARKETS FOR POTENTIAL INVESTMENT OPPORTUNITIES4.GET FINANCING FROM A REPUTABLE LENDER WHO SPECIALIZES IN SINGLE-FAMILY RENTALS 5.FAMILIARIZE YOURSELF WITH THE PROPERTY MANAGEMENT COMPANY THAT YOU ARE GOING TO HIRE6.

Your warranty deed (probably special warranty) is just a guarantee by the person who sold the property to you that nothing occurred during their ownership that would make the title unmarketable.

This will provide an opportunity to learn the process, get copies of all the documents they use, and help you decide whether you want to tackle it on your own in the future.I recommend you call around and try to find an attorney that specializes in evictions or at least has a lot of experience with them.

There are lower down payment options but usually only for specialized loans, sba, Fannie/Freddie, farms but even in those cases the minimum loan amounts are typically over $1m.

If you have the deep pockets to pay cash, are familiar with the area and the property, and have enough $$$ to make repairs (estimate the worst case scenario), and the property checks off most of the "wants/needs" on your/your parent's list, go ahead and make your best offer.You could also call the listing agent and ask them if the seller has any special requirements that they would really like to see in an offer.