The property won't cash flow but it won't bleed money, either. 

@Cullen HallVery simple to remedy this and stop the bleeding Run an ad selling the house owner finance preferably to a guy who’s handy that can’t get a bank loan .get atleast 10% down ,write up a note for 30years at 9.9% interest and let him go over budget fixing up your house !

The coolest thing was new unsealed mexican clay tile was laid on dining room floor with no expansion joint between walls; must be right before I bought it, and there was a water leak in kitchen wall adjacent to tiled room and the wood wall separating the two rooms swelled, and during the first few nights I kept hearing bangs like a .22 shell.

I think he is trying to force us to pay for him to move, which we can't and won't anymore or have us bleed money. 

I live in WA state and the local government here likes to bleed everyone as dry as they can and I have never been contacted about remitting taxes on behalf of a 3rd party.

It's no surprise that Austin is once again the fastest growing big metropolitan city in the country.
According to U.S. Census Bureau figures released May 4, Austin's multi-county metro population increased to an esti...

They can take over management to stop the bleeding and may be able to assist in getting something from old PMC.2) Hire a real estate attorney in Indiana to send threatening letter to PMC.

You are bleeding money! 

That thing may be bleeding like a stuck pig.

Keep an eye on the weather (market), when it's showing a good swell is coming then make sure you're geared up and ready to go (finances in place, access to upcoming deals).