Let the tenant know - in advance - that everything has been documented so they are less likely to steal or hide damage.The lease should cover lawn care and that the tenant is responsible for repairing damage from their pet, to include dead grass from pet urine.Have an eviction attorney in mind and start the eviction process at the first available opportunity.Any specific questions I can help with?

I feel sellers just want to know what they're going to net out of this transaction, and taking care of all those extra costs puts them at ease.Alexander, I have to disagree with your guns blazing strategy.

I don't care if my opinion is blunt.

These tenants will be living there while someone else pays the bills, which means they may not do a good job of caring for the home.

Just be careful.

Hiring a good management company would take care of doing most of the necessary work everyday but you would have to manage them to verify they are doing what they ought to do. 

I just want to make sure you are aware of that so it doesn't sneak up on you.Then you will want to have some sort of lawn care and general maintenance budget for tenant "uh-ohs" of about 5% of rent which is another $66.25/month.

As for lessons, you need to be more careful with tenant screening.

We really don't care about getting the money as much as getting them out.

I have a pretty good job here and a rent controlled 1-bedroom apartment in which I pay a small fraction of of what my new neighbors are paying so I want to be careful about giving that up.I really want to put this 30k to work for me, but as Alexander pointed out I shouldn't be too hasty.