Once the bank takes possession of them after sheriff sale, they may prefer to use the auction as a stalking horse for where to list the property on the MLS.

My biggest fear in investing in a property, has to do with the question "what if I end up holding my property for a long time, because people aren't buying that much in my area?".

The problem is, many of the Banks don't treat Investment Rental differently for fear of the OCC coming in and fining them.

I worry that if we experience another market bubble like in 2008, the bank will assume that my property isn't worth the prior appraisal, and will try to discontinue the draw period in fear of not having enough collateral during a foreclosure. 

Tenants come back with sob story about how short notice is due to upcoming deployment (they are moving across town, wife is staying here during deployment, no military documentation provided)Move out date is accepted; if they want out that bad I don't want to force them to stay for fear of damagesBy CA law we can withhold 13 days of rent from their deposit due to insufficient notice to vacate. 

I don't think there should be any fear around flood insurance.

I am nervous and have fears of failure but only a healthy amount.

He thought his property would be sold and it was a done deal, so this is him lashing out in fear to get something/anything he can.

The idea of allowing a tenant to run a sander on a floor should strike fear into the heart of any landlord.The next time this tenant asks when the flooring will be replaced explain a rental unit needs to be empty for this to occur.Gail

If you do you will never make any decisions.If you choose to operate out of fear renew their lease and live with it.