Find the black swan:Black swans are pieces of information that, if discovered, would change your whole approach to negotiation.

Also, if the neighbor tenant is elderly, doing a wellness check call (or requesting local police to do a wellness check if no reply) can reinforce your role as a responsible / caring LL.

However, I discovered that if I take one extra semester I will be able to take a broker's exam without doing the 2+ years of experience as a salesperson. 

Join a local REI or LL group and network.

The clause usually says you have the right to conduct inspections and then you can cancel the contract or negotiate based on what you discover during the inspection(s).

My tenants informed me that they left town and when they came back they discovered mold growing on the carpet in an exterior corner of the house.

After they moved, in a routine clean-up, we discovered some broken refrigerator drawers that needed replacing (not really something we would see in a normal walk-through).We purchased new drawers, seeking reasonable prices because the fridge’s manufacturer had outrageous prices for the items, and we were able to save more than half of the cost used from the security deposit.So far so good.

A couple of years ago I graduated from college and entered the financial planning industry, and during this time I discovered real estate was a great vehicle for building income and wealth.

I can't wait to see what kind of properties you discover.

Its hard having the thick skin needed to be a LL sometimes.