I was kind of thinking my exit strategy in case I couldn't sell/rent it in time, would be to move in myself.

In time, I got a good reputation and some much needed confidence but more importantly, I got connected, I got knowledge and eventually, I got known.

My focus at this time is to become intimate with my local target market.

Brokers have all types of software that gives them this info and they are intimate with the market typically.  

The lender got the statement in time to fund the loan.  

I do all of the administrative and rental management and I don't hire a cleaning crew, I find one person to be the on the ground manager, contact,  and cleaner, @Sundeep Amin they can easily turn over sheets and stuff in time if you set the checkin/checkout window correctly.  

if I could go back in time, I would pick a wife who would be OK with that and I would do it!

@Greg S.great point and I also bought insurance coverage but I only own the home, the car is in my parents name and I still live with them to save money so I am not sure if an umbrella policy fit my circumstance at this point in time.

Yes, at this point in time all of the tenants pay for those.  

Think of the balance sheet as a snapshot at a point in time reflecting an entity's assets, liabilities, and equity, whereas a P&L reflects the activity, or flow, of revenues, expenses, and profits over time.