Are there companies that don't benefit from your normal expenses?

If I can get a tenant with 3X the rent, credit of 600 or better and clean rental history then I normally find them to be manageable.

It is normal and should be addressed promptly.

That can be fixed by tightening the nut below the sink and is normal wear and tear.

Or is it normal to ask for quite a bit more off due to the potential effects of the water damage.

You are better off buying this as a normal purchase or getting cash to cover the rest of the purchase.

My guess is that you will be better off just paying a builder their normal profit on the construction than with a 50/50 profit split arrangement. 

Normally, people open a S Corp instead of an LLC so that they can pull a salary from the S Corp and save on taxes.

In normal operations and stable markets, the bank margin is typically about 160-180 bps above the fed funds rate, however we are currently seeing them build close to 300 bps of margin which tells me they are still expecting volatility in the bond market. 

My experience with these auctions is they are normally slow and inefficient because the new owner had inflated price expectations.