NO!

Don't know honestly which of those could be considerable renovationsSo, no separate entrance and no kitchen?

I’m not here to yell you not to do it but I’d spend a good 80 hours obsessing on this forum and reading books like @Brandon Turner no and low money down before you take the plunge in to Brian Page.

We no longer have "ambulance-chasing" lawyers who can sue insurance companies for anything. 21 years monitoring it! 

Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is expected to be higher, you may consider an umbrella insurance policy.

Only way I'd recoup it is if they stay forever and I have no turnover and so far that has not been the case.The AC recently broke.

If I sell, I pay off the debt, lose the asset, and have no more monthly income from the property but I would be DEBT FREE, which is very enticing.

If you are consistent with learning real estate over the next 4-6 months, you’ll be ready to purchase your first (or next) property in NO TIME!

It has a sunset clause maximum of 5 years with no penalty to pay it off early.

It has a sunset clause maximum of 5 years with no penalty to pay it off early.