I know how commonplace this kind of post is, but I am here to reach out for anyone’s help on where to get started.I’m avidly reading and listening to the podcast, so those habits are in place.

I realize that this habit is certainly popular right now though. 

In this case, I would imagine that it might be difficult to prove that the Seller meant harm, or falsely reported info.

We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

It's long-term business arrangement that gets easier for both client and agent over time as your relationship develops and you get to know each other's habits and preferences.

But in the meantime, you saved yourself interest costs on the HELOC.People who do this, can pay off mortgages in 5 to 7 years without changing their spending habits.

It will probably be zoned “Residential”, butthe Railroad will not sale it without putting covenants on it, thatno human habitation (home, daycare, school, retirement home, etc) canbe built there.

Then, your job is to provide your tenants with a roof over their head and to make sure the units meet the code and habitability requirements.

Have your contractor document the home is not habitable at this time, that will help. 

Do some research....This is serious stuff, and no not only because you can harm yourself, but possibly more importantly, 'they' (media, Govt) have made mold a huge issue.