This video does a good job to explain: Basics to get from the seller are motivation to sell, condition of the property, timeline to sell, and their price.

The A/C unit was replaced about 7-8 years ago.Details:Built: 2002Square footage: 1725Rooms: 4br/2.5baOriginal price: $145,000Estimated current appraisal: 325,000Rent: $1800Current mortgage: $91,000We have been doing quite a bit of research on beginning to invest (read Brandon Turner's book on creative financing, reading David Greene's BRRRR book, watching a ton of YouTube videos, listening to podcasts, etc.) using the BRRRR strategy and are about to get a HELOC on the above property to use to buy our first (and subsequent) properties. 

I would ask the neighbor(s) to send you video of the tenant blasting music/making loud noises as well as provide you with any police and/or animal control reports that have been filed. 

If you could find two flip-and-hold properties a year that met even a 90% cash-out refinance metric, you could build a portfolio of a dozen rentals before you even had to think about where to access more capital.That might be a slower strategy than you hope for, but if you did it that way, you'd definitely have a stable, productive portfolio that would spin off a fair amount of cash-flow.

Hi Christian,Another suggestion for learning how to inspect properties would be to hire an inspector to walk the property with you.I actually just heard an interesting tip from Tarl on this BiggerPockets video at 16:21:Investment Property Inspections & Pre-Purchase Decisions w/ J Scott & Tarl YarberTarl said when he was first starting out, he would hire a home inspector to inspect the property with him and follow them around the house and ask them questions.  

Watched tons of YouTube videos, Instagram reels, podcasts, audio books and finally was able to get out of the analysis paralysis.

You're at least a $100k shy of getting into single family product.  

@Gart Robert if you look up mark j kohler on youtube he has a lot of really great educational videos on using a trust for LLCs.

Also, make sure you take lots of photos or videos of the home before you start doing any work.  

I have definitely been watching several videos and doing research.