Each lender has its/their own lending requirements, so it's best to do your due diligence when considering a prospective lender/investor.

One thing I did learn was how to talk to all different kinds of people from bums on the street to corporate presidents and everyone in between, which I think helped me later down the road as someone who was always kind of considered as relatable.

Consider experts like @Brian Eastman or @Bernard Reisz for help.

Buyers and sellers should consider some amount of closing money be held in escrow after closing to cover potential problems with the non-responding tenants.Does anybody have any experiences to share with successful use of a Tenant Estoppel Letter, or times they wish they'd know about this tool before entering a Purchase and Sale Agreement?

Yes, you have to consider those expenses and I'm not suggesting that you don't but why not 3% or 10%?

However, hauling away a truckload of items and cleaning beyond standard expectations could reasonably be charged to the tenant, as it goes beyond normal use.Goodwill Gesture: Since this tenant was great for 5.5 years—paying on time and caring for the property—you might consider waiving part of the cleaning cost as a goodwill gesture.

.: I've seen the pattern with Bay Area people moving out to Brentwood, Oakley and both cities' home prices have gotten expensive - I consider Antioch/Pittsburg as part of the Bay Area and now Brentwood.

In general, government will set the assessed value lower than market value at reassessment in order to neutralize appeals.

Make sure you have a bulletproof lease, treat the tenant fair but set expectations early on.  

Additionally, many deals tend to fly under the radar, so networking within organizations like NARPM (National Association of Residential Property Managers) can help uncover opportunities.If anyone reading this is considering selling their property management company in Texas, feel free to share—I’m genuinely interested in connecting.