I just went ahead and got my GC license since i already had the developers which requires bond and insurance.. test is dead simple for those that are real estate based its 90%  lien laws etc.. took me maybe 35 minutes..  

However, if the market is solid, month to month could be a great way to "test" out some inherited tenants.

Rest assured: it will be put to the test over the next 12-24 months.Your sales contract should have specified that time frame in which all pertinent documents were supplied to you. 

I got tested and was negative, but the test results took 13 days and since I had started the two week quarantine two days earlier, my quarantine ended before I got my results back.

I've replaced a few GFI outlets on 14/2 that cooked & sparked due to high wattage microwaves so an a/c would be a good test of your circuit.

Start testing the water.

No problem, I was looking partially for a fixer upper to gain experience and to have a “test run” of sorts.

Our goal is to start out small in our local market and test things out. 

What additional tests should I check about the lender ?

They ran the property down to unsanitary condition, green bottle flies are flying everywhere over dogs feces (during very hot weather it stinks horribly too!)