But as I focus exclusively on representing landlords in their interactions with Housing Authorities, my perspective has shifted significantly.

I agree with Kevin on getting an estimate for the repairs before you officially close.

The author of the blog also has a book you can find on Amazon or I can send you a copy.

. $50+K is too much damage to not do anything especially if he is a person in a position of authority and can cause problems for others.I'm curious.

Not officially but they are on the site.

Since the tenant has a rental agreement nobody else has authority to give anyone else rights to occupy the property pending the result of the eviction.

Or just have your renter pay without any official request or any invoices? 

Operating Agreement: This document should outline each partner’s investment, share of profits/losses, decision-making authority, and exit strategy.

Remedy after termination.If the rental agreement is terminated, the landlord may have a claim for possession and for rent and a separate claim for actual damages for breach of the rental agreement, reasonable attorney fees as provided in § 55.1-1245, and the cost of service of any notice under § 55.1-1245 or 55.1-1415 or process by a sheriff or private process server, which cost shall not exceed the amount authorized by § 55.1-1247, and such claims may be enforced, without limitation, by initiating an action for unlawful entry or detainer.

When money is in escrow it is legally still YOUR money and since you didn't close the deal you didn't sign anything giving them authorization to release it to anyone else.