It is good that you are checking the areas prior to purchase. 

I'd start with cash for keys but if that didn't work,  seems like it may take 3-4 months to evict a person,    my big question is getting liability insurance on the property.I get that there isn't much I can do preventing the previous owner from trashing the place  (she is 60+ so I doubt she's taking a hammer to the place)   but I do worry that if she or someone else were to get hurt prior to an eviction and sues me.Can you get insurance on a property under these conditions?

REI areas of interest (what I like learning about and may take action on):Small Multi-Family AND converting SFH to multi-familyFix and FlipBuy and Hold long term or mid-term rentalsBRRRLand Flipping and Land EntitlementsModular/Mobile/Tiny homesForeclosures and Tax LiensAbout Me: 40 yrs old, married, working mother of 2.

Check with your county tax assessor. 

There is no tax advantage to doing an LLC.

North of town, west of I-5: 95219 Brookside (high end gated communities; Mello Roos school taxes - so high taxes; Lincoln School District; some peat dirt problems on streets; don't know about foundations); Spanos Park West (some gated; lots of huge houses; basically built for commuters just west of I-5; Lodi School District) North of town, east of I-5: 95209 Spanos Park East, Colonial Heights (most Lodi Unified Schools; though small pocket of Lincoln Unified) North of town, east of I-5: 95207 Parkwoods and Lincoln Village (Lincoln Unified Schools; was considered best family area due to Lincoln Schools, but lots of flat tops and built since the 1950s so electrical can be kind of minimal - 1 outlet in kitchen instead of enough to use multiple appliances); lot of remodeling in this area.

Lots of risk that you can't control and it is taxed as Ordinary Income plus the IRS will see you as self employed so you will pay all of the Social Security tax and perhaps a 2.5% extra tax if you make over $250k. 

With 90 days notice, I've begun working on my punch list of updates to the unit prior to the turnover. 

My accountant is telling me that we should just keep it on my tax return for 2023 as a rental, and not primary, since I have too much income from the studio I airbnb.

However, I cannot go with the traditional leading since banks need 2 years of tax returns as self-employed.