That said, I understand the following:Complete a Title search and visual inspection (as possible) on the properties to understand any other issues.Register for the sale.If successful bidder, I would be responsible to pay the bid amount, transfer tax, recording fee, and deed prep fee. 

My advice would be to  charge each tenant a flat $100 water fee.

@Dan Stelmach You can reduce your capital gains by writing off expenses like the $25K in improvements, closing costs, legal fees, and real estate commissions.

Had a pre foreclosure property under contract and had assigned rights to buyer for an assignment fee.

They came in with a dog, told us about the dog, paid a deposit and fee for the dog.We were over there for a problem recently and noticed two things.

But, It’s truly is one of the three reasons I use a PM for the rest  1) I don’t want to screen, I don’t really like meeting new people.2) I want to stay legal in my screening, notices, demands, etc etc3) They raise rents more and faster than I would and collect more in late fees.They literally pay for themselves with increased rent/fees and I get the legal and people screening for free. 

What is the type of financing and is there any points of fee's associated with the rate being offered?

If a tenant leaves I know I will be hit with leasing fees, TI's and vacancy. 

Im looking at properties to buy, and saw a tenant in a 4-unit property I like paid $1,000 in late fees.    

I got a call from them today seemed strange upfront fee with no listing agreement I called some bank contacts to see if Core is real.