There is likely a phone number and persons name that will come up, that you can reference, since he is having bills that arrive to the mailbox and packages to the door with his name on them.You could make it a pre-condition to the seller that he allow a background check on the tenant before closing and your offer is contingent on your approval.Neighbors typically know what's going on in the neighborhood and will know who the guy is and if he is a trouble maker.He probably has a car and a private detective can run the plates.And so on.The information is readily available is the knowledge is worth knowing.

My regular pest guy didnt do termites, few in our area do. 

You can if you want, but if this loan is from a well known, licensed, reputable lender, then its similar to getting regular mortgage.

Has anyone referred to the terms of the lease?

I am not in Military so my knowledge of Va is limited based off how long you have to live there, if you can refinance into regular loan later on once you have some equity etc.

And they'd be able to use the additional depreciation to write off regular income and save about 5k on their taxes.So what is the real return on their 95k investment. 

But a clogged toilet that's because of regular wear-tear over the years?

No one has more "skin in the game" than a PMC as they have to deal with the property every day until an owner sells or fires them.Also recommend finding your own Inspector and not one referred by an agent.

@Nicolette YorkRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Thanks,PatrickDear Patrick, thanks for reaching out to me with reference to the vacant lots I am buying in several states.