@Joe Scaparra  Explained it well, so I'm not going to rehash it, but basically what he said is my viewpoint. 

I really don't know more than the basic safety and mitigation approaches for asbestos, but I would look closely at your tenant's overall situation, how reliable they seem, and if they have a history of causing issues.  

The date should be in the court decision which they mail to the landlord.After that the landlord can take the trash to the dumpster if it's in the lease agreement.If it's not, the landlord pays one month storage and put everything there.

But assuming you're talking about a basic form of owner financing, you really only need a deed  to deed the property to the new buyer. 

To add to the great lists above, here are my choices:Commercial Real Estate Investing for Dummies by Peter Conti & Peter HarrisCommercial Real Estate Investing: A Creative Guide to Successfully Making Money by Dolf de RoosCommercial Real Estate for Beginners: The Basics of Commercial Real Estate Investing by Peter HarrisThe Perfect Investment: Create Enduring Wealth from the Historic Shift to Multifamily Housing by Paul MooreHow to Buy and Sell Apartment Buildings by Eugene E. 

All straight runs are basic, it is the protrusions that leak if not done right.

Basically this is a positive cash flow deal but just barely.

Unless of course the foreclosure is contested in court, in which case all hell can break lose.I know TX is a deed of trust state. 

Nothing worse than a bad review about a dirty house.Stock the kitchen with pots, pans, glasses etc and at least basic seasonings.I provide paper products (paper towels, T.P. ect) I also provide coffee pot, filters and coffee.As you start getting reviews your listing will show up closer to the top and that will help you get more bookings and reviews.

Any asset protection plan has to be tax neutral on its face to hold up in court and be seen as fraudulent.The federal death tax increased in 2000 from $675k per couple to $5,45M per couple.