Though my property management company eventually took care of the eviction proceedings and repaired the property to prepare for a new tenant, I feel they were negligent in their duties.

We rent to plenty of S8 applicants; I've always believed the standard of care they exude is as high if not higher than "market" applicants because they'll get kicked out of the program if they don't.

I'll be honest with you, in my experience, I have never seen a Investor care typically about the existing financing, or what was owed on the property.

If you care and it bothers you, raise their rent another $500/mo for the hassle.

Tax free money is huge.I may have 100k of instant equity so I don't care about about tax write offs.

No idea.. nor do I care :)   Ohhhhhh snap. 

Some gurus tell practicioners of sub-to to hide transaction from the lender by saying the lender doesn't care as long as the payments are being made.

This takes care of most of the issues.

A law degree does not mean you know anything re wraps.If worse comes to worse, you can stop the foreclosure with legal action - it costs some but you will not lose your equity.I would not throw the baby out with the bath water re doing wraps and I do hope all works out for you.Reach out if you need a referral to a good AZ attorney to helpBe careful out there guysAlan Not to be too blunt, but you are handing bullets to a six year old with a gun.

For residential multifamily properties (1 - 4 units), can you use a home warranty to take care of the repair costs associated with rentals?