If the seller files bankruptcy in the future you have to prove to the court that you bought the house fairly.

Rise of Resident-Owned Communities (ROCs): Tenants are banding together to purchase their parks, seeking to control their housing costs and community future.

I felt very empowered and informed about future decisions.

Seems like you already have a good path forward, and flipping can still be profitable in today's market and into the future.

To kickstart this project, a comprehensive home energy audit is on my agenda to craft a strategic retrofit plan that significantly enhances operational efficiency by 40-70%.This endeavor seeks to diverge from common quick fixes, such as installing baseboard heaters, which merely shift heating costs to tenants.

When the thing dies (which is not nearly as far in the future as you may think, LEDs have been getting cheaper and shorter in lifespan) you will have to replace the entire fixture.Light bulbs exist for a reason, there is no reason to replace a fixture because the lighting portion failed.

Again,  I am only at a 21 day late period currently but wanting to avoid a potential snowball event in the future. 

They furnished the hell out of it, put in a hot tub, took great photographs and are nearly doubling the AirDNA projection for other vacation rentals in the area.

What's the income projection?

If I take over the loan, does it mean the seller can't borrow any money anymore if he wants to buy a house in the future, since the loan is still under his name?