I recently attended @Michael Ealy 's FREE seminar where you learned how to do all this and more without buying anything.I also attended a $2k course where I learned more in a weekend then my entire business school experience.A business owner I work for recently spent $20k on one of these scams.

Los Angeles make owners responsible for units to be free of vermin.

Also the new owner has the advantage of screening their own tenants and signing leases at or above market rents.

And it is very straightforward to file these, so I would expect it to be well within the scope of any operator sophisticated enough to pull off an owner financed deal. 

The owners actually look forward to firing people.

At the time of the leak, my tenant was showering, but everything around the bathroom is sealed and in good condition.It’s been a week now, and there have been no further leaks.However, the owner of the apartment below is still asking me to repair their ceiling.

@Michael Anderson If the property had been sold, it would make sense to formally assign the lease and deposit to the new owner and memorialize an agreement to collect and adjust rents after settlement, indemnify the other party for things arising during their respective ownership periods, etc. 

That is a failure on the owner's part, for sure.  

The owner is willing to take a cash offer for asking, or a little under.

Why did the previous owner sell it for only $85,000?