Are you changing layout and have to move drain lines, gas lines, water lines to new locations?

I can't tell you how many times I've gone to the property and it is gone, or you figure out something is wrong, maybe the legal description, or the address, or there is $100,000 worth of junk there you need to haul off that was not in the pictures, or that cool commercial building, that when you get there has the faint words that you can now make out to be a former dry cleaner, or gas stations, or lead smelter, or oil change shop or something like that. 

@Corby Goadei obviously agree with everything you said... but I assume these folks are just trying to look out for OP.and it seems like there are a lot of people that come on BP because they read Rich Dad Poor Dad, or watched a Brandon Turner webinar, and then spend a bunch of money on a random property, get crushed by capex, and disappear.i think the points / 'objections' raised are valid. 

The letter can be valid for up to a year and allows squatters to be treated as trespassers and removed by law enforcement.

Ft homes and going to renovate with new appliances ( Refrigerator, dishwasher, stove(electric or gas), washer/dryer, microwave etc.HVAC system is electric (15 amps) and there is gas water heater.Do you anyone know if what it can cost to upgrade electric panel to 150 amps/200 amps?

I see your points, they're very valid.

If nothing else I take responsibility for that and will work to improve our communication systems between our franchisees, client success and sales team that's valid. 

It sounds like at least some of the charges to your security deposit might be valid. 

It's an effective temporary measure to buy a small amount of time to figure things out but its like poisoning the well, it will have long lasting effect on your personal credit and dismissing the BK won't change the credit impact.If you are doubting the validity of the lady's claim to the property, file a quiet title action and have her prove it belongs to her.

Or you find a 2+1 which is a legal 2-family with an extra boarder unit that an owner can usually occupy (attic or basement) without a gas line to a stove.