@Rene Hosman is correct.

This is an investment property for you, correct?

I’m talking the local PD to make sure I have my information correct and can make sure bases are covered if the tenant decides to lawyer. 

I am assuming they are selling you the lien at $21K and not giving it to you instead of a refund - please correct me if I am wrong. i don't know what state this lien is in, but I don't understand why "redemption value" is higher than the lien plus the interest.

Chris was partially correct ... the Roofer (Company I hope) should cover costs related to the roof, damage inside, and on/to that property.

@Ernest Wade You have the correct mindset focusing on equity and appreciation rather than cash flow.

And we haven't even gotten to roads, water management, soil corrections, water/sewer infrastructure, electric etc etc.. 

The bookkeepers then assign the cleaning cost to the correct owner's statement to be reimbursed at the end of each month.I pay them through Venmo in a bulk payment every couple weeks, which is linked directly to my Operating Expense account to pull the funds from the OTA payouts we receive.

Put one, a good one, in place ASAP.Leases are attached to the property and not suddenly cancelled when a property sells, so moving it to another entity later should not make a difference.Your loan processor was correct that FHA does not allow homes to be moved into an LLC. 

This will continue to drop over time and should be secured correctly."