Information today is more symmetrical than ever so it's really just a matter of executing on that information, and who is executing more efficiently. 

The concern you have for your child's safety trumps the empathy you may have for a fellow landlord.Safety concerns should certainly be grounds for early lease termination; however be advised you may receive pushback from that landlord if the leaseholder (your son/you) viewed and accepted the property prior to executing the lease, thereby confirming it's habitability. 

Hi all,I have spent several years as a hotel management company executive/consultant and I am looking to get involved in real estate. 

It's possible to execute the note, and not the mortgage.

The problem is that the only way you'll improve and grow is by executing, making mistakes, improving as quickly as you can, and continuing to move forward. 

I wish they had the same urgency to execute professionally that they do contract properties.

But it's not for everyone and will require a lot of management & careful execution.2) This property sounds like it's in a very rural area.

I am finding diamonds in the rough in my local Fort Lauderdale area, but having newbie issues, could use some coach & partnering to follow through on execution. 

The primary risks are the sponsor's ability to execute...and the macros (decreasing rents and interest rates that are higher than cap rates).

To be vacant, the property must be empty of all personal belongings inside the house, the garage and anywhere else on the property.All standard fixtures shall remain with the home, including: refrigerator, stove/oven, dishwasher, laundry washer and dryer, lighting fixtures, bathroom and kitchen hardware.Upon execution of this agreement, [Name] shall allow Ori to do a preliminary walk-through inside the house and the property.At 90 days, [NAME] and Ori shall do a walk-through of the property to confirm that it has been vacated and no damage has been done since the preliminary walk-through.