I second that Mike Schmidt it seems way to slim, especially renting to college kids IMO.

The likelihood of a potential lawsuit combined with the likelihood of success on their part seems slim IMO.Sorry you have to deal with this.  

However, if you have possession and QCD and a tolerance for rusk that includes slim chance of successor entity later making claim prior to QTA, you could offset some fix up costs with rental income.

It is pretty slim picking but there are a few multi family units around the Chamblee and Buford Hwy area that are still good buyers.  

So I know a few contractors that would be able to help but our list is very slim and we (my husband and I) could use some recommendations (particularly painters and general contractors).

You are no longer in small claims court if you file, your claim is over $5000.00Chances of recovery are basically slim, on amounts over damage deposit but you can try.

If you're competing with cash buyers, that probably means your profit margins are already slim.

On the other hand if I DO NOT have PMI but have 20% equity built in, and end up getting foreclosed on, the chances are very slim that there will still be a deficit remaining after the foreclosure sale? 

If they can't, it is most likely a lack of systems or staff so even if they agree to make exceptions for you , the odds of them being able to consistently follow through will be slim to none.        

We will not be able to acquire them as quickly here as we would in property A's city and the margins would still be slim if we're using MLS deals.We don't have anything for a down payment right now, but will by January.