No sooner had we even closed on the property than they found a tenant ready to move in.

It does not take that many hours to look at a property, sign a contract or even manage tenants.If you are bored in your 9-5 it's time to move on to a job where you learn and get challenged so you can grow.

Even if we provide you with an answer to this question, there may be other laws you are ignorant of.

$300-$400k will likely not get you even a 2-family in the best area of New Haven unless it needs a lot of work, but will get you a property in a top flight area of Hartford.

There you can build up your skills even further and these jobs can pay a lot if you are producing great results.  

Since there are 3 people living in this condo sharing the kitchen, I am not able to pin point exactly who has been doing this even though I have some idea. 

Most of the properties we acquire are with little to no money down (even $0 down!)

I wouldnt give any consideration to what the seller needs in order to break even in determining the purchase price.

Even the tenant can sue you if they injure themselves.  

(It was Hollywood and everybody has dogs)2) Somebody tried selling the appliances that came with the unit which included the fridge, dishwasher, stove & microwave.3) We were recently affected by the fires and had to evacuate, some tenants refused to evacuate even after police forced them to because they were "tougher than the fire".Have you heard of those horror stories about tenants completely trashing apartments and feces all over the apartment?