It’ll cover you in case there are any disputes.I know it’s tough, especially when other tenants are being affected, but it sounds like you’re handling it as calmly and professionally as you can.

Then the rents would cover that payment plus the mortgage with cash left over.

It can still qualify if it's a fixer-upper, as long as the rental income from the property can cover the debt service.

Do they like to be on the couch (if so I have couch covers)?

Since traditional agent training doesn’t cover investing, supplement your learning with books, podcasts, and investor meetups.Good luck!

That leaves $400 to cover taxes, maintenance, vacancies, etc.Now, let's pretend ALL your expenses come to $2,600 and you have $400 left over.

Participants are continuously told “we’ll cover all these details so you can do this too in just a moment”, the moment never arrives. 

For example do you have a great w2 and can you afford to cover costs of a major repair or 3 months of vacancy?

Just the fact that it's a townhome means there's 1 or 5 or 50 just like it, so I can't picture what could be so unique about it unless the OP is fleecing the seller and he knows it, and the seller has just realized that which is why he doesn't want to sell.

If they notice you have another house and your debt to income can't cover it.