However, the owner who was foreclosed on left their belongings (mostly clothes) in the property.

Most people aren't as concerned with clothes, furniture, dishes, etc... but they may know that they can pursue for losses, so it's better off to be protected from the onset.

It can also be hard to get simple items you may take for granted such as name-brand clothing, outdoor gear or even hiking shoes, bags of cement, other building materials, tools, auto parts, boat motors, and any beer besides Belikin.

We came back from very long trip and then found my apartmnet was flooded , they drilled holes in ceilings to drain apartment above us , holes everywhere on our ceilings, made our rooms flooded, furniture damage kitchen appliance, filthy water everywhere mattresses, clothing in stores wet,  please tell me what to do next.....very rude management, big machined dehumidifiers everhwhere, we were shocked , above all they didnt even informed us befor throwing my rugs in my patiopm couches in kitnchen....broke my couch, t.v stand , cbale wires all aound......and when we got into office, they say , hey why you guys are here is everything o.k....Manager didnt know anything.....o.m.g.....we have 3 kids......such a terrible incident, everything is ruined, water got into everything...they are not letting us get out of lease, thinking to get a lawyer, how to get claim done...should i sui them...please advice...thankyou

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so basically just do as he did. file his notice and get his 3 day notice to him and after that 30 days the guy has to be gone or he can put all his stuff outside (basically a sleeping bag, some clothes and his tv. )

Get cloth and it stains. 

Another consideration is you can't get funding for most assignments prices, but there are lenders out there that work with double clothes wholesalers that will lend to a forever home buyer.

Insurance should be less than what you pay on your primary residence because the house is empty during the rehab so you don't have as much contents like appliances, furniture, clothes and other stuff to insure.

If you have this romanticized vision of being the old guy with the beat up pickup and dirty clothes going around to tend to his properties, then by all means, go mow your own grass.