Your current home would rent for $1800 and PITI (principal, interest, taxes, and insurance) is $1250.

Also, the owner expressed concerns over the capital gains tax early in the discussion...so I am thinking the opportunity to do vendor financing will help me get a good purchase price and help the vendor with taxes.  

Taxes and Insurance at 350 month.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

Don’t forget you’ll get 20-30% of the rate increase back in tax savings. 

By the time you need to evict due to hoarding they have probably violated multiple other more definable lease clauses.  

This is definitely less than $150 with a plumber, unless they run into some issues.Any handyman can do this job for less than $80.The high price is probably due to your PM hiring a plumber when they should have hired a handyman to save you some money.

End up with all cash and little to no tax.Your wealth snowball ends up a lot larger 10 years down the road when you make and keep your money in a more tax efficient way.

I am wondering if anyone has been and this situation and has ideas on how to handle this. I am an out of state investor and in the past I have purchased my properties based on video walkthrough that my (trusted) realt...

It mitigates the risk because you can go slow, you are living in the property, and you get the tailwind of 2+ years of market appreciation while waiting to sell tax free on the gains.