1. Find My Phone is great, you can remote lock, wipe, and mostly importantly, add a custom message. The message I wrote for the cab driver in Mexico is /very/ different than what my default message would've been.
2. Don't get over-zealous about revoking Device Admin permissions. If you remove that privilege for Find My Phone, then it can't *really* lock down the phone the way you'd like (and probably can't initiate the full remote wipe). It's odd, it definitely puts the phone into a state where it looks and feels locked, but you can swipe down, access settings, get into the Google Account area and unlock it.
Bonus thought for nomady/travely types:
3. Having your wallet stolen is damn near a living nightmare, especially if you're traveling or... 12 hours out from boarding a flight out of the country. Tips: Some credit card apps will let you access a "virtual number", and in lieu of that, a friend with a debit card can WesternUnion/MoneyGram you money nearly instantly (assuming you have some way of contacting them - without a phone / whatsapp contact, etc, that can be challenging - thank god I know my parent's cell phone numbers by heart)
Last random thought -- I carry a bag/purse/fannypack on me basically always. From now on my new wallet has a keychain loop and is wallet-chained into my purse so I can't set it down accidentally. Maybe even something similar with a soon-to-be Pixel 7 Mini hopefully. The hassle is one thing, the inner shame and self-annoyance is another.