During that process, I also collect other necessary information from the tenant, such as vehicle registration & description, emergency contact, telecommunication contact details (voice phone, text phone, email), options for paying rent (direct deposit, auto pay, mail), ways to contact us (voice phone, text phone, email).While the unit is vacant, prior to turning over possession of the unit to the tenant, I fill out the Property Condition Report, noting any deficiencies known to me.

Oh and FYI - a deficiency judgement (the difference between what you owe and the auction sale amt) is rare and easily dischargeable in bankruptcy.

There are marketing deficiencies that require more time to make the type of repairs and improvements for me as well as some other investors to get this to close as agreed, it's not the price, it's other factors.

Did the tenant put too much down the drain and break it (their fault), or am I on the hook as the landlord to replace an old, deficient GD (my problem)? 

This is true even if the borrower may not be personally liable for the excess amount by reason of the contractual terms of the debt or the operation of state anti-deficiency statutes or similar laws.

Investigators are searching not only for lenders who have sold materially deficient loans to Fannie and Freddie, but also individuals, including those who reneged on their promises to repay their mortgages.

As far as strategic foreclosures, remember that a foreclosure often comes with a deficiency judgement.

And I 2nd Bill's highlighting of such, so as great you feel they are, there is some deficiency there.

Therefore, if one inspector cites a deficiency that another didn’t list on the prior inspection, it’s back to the drawing board with another scheduled inspection.

If one bedrooms are are$475 a month then the numbers tell me they are mostly smaller units.I would expect to find an antiquated set-up that locals arenot attracted to with dated if not deficient plumbing and Mechanicals.