Hiring a lawyer sounds expensive, but it is way cheaper than hiring a amateur (in this case yourself) who costs you money and provides no results (and then you need to hire a professional anyway).My personal philosophy is to "do it right, or do it twice" and its way cheaper to do it right once. 

This purchase exemplifies the commit and then figure it out philosophy.

So I am not sure I agree 100% on the purchase philosophy @Alex Scattareggia.

The “buyer beware” philosophy is fine for commercial transactions, but taking “advantage” of home owners when they’re most vulnerable and lack market sophistication is something no right thinking person wants.  

We have always had the philosophy to do the right thing. 

And all of that with training wheels, it is very hard to screw it up on a consequential scale.Because it is 2025 and RE is not cheap anymore I will encourage you to also look into building a business on the side.

My core investing philosophy is pretty simple, and has done very well across almost two decades and numerous cities:1) Invest in cities with population (and job) growth2) Invest in parts of the city where household income is near the median (or slightly below)3) Invest in properties that provide cash flow from day 1 Thank you for sharing that. 

I agree that pricing a rental too high is a classic mistake than can make it sit, but don't you think encouraging landlords to rent quick will make them compromise on the vetting of the tenants?

I am not sure where you are located, but I'd encourage you to call around to PM's & you may find one willing to help you.

I would encourage you to find local REI meet-ups in your area.