An essential element of Abandoned in the legal sense is that the owner has either expressly (orally or in writing), or implicitly relinquished his rights to the property. 

Likewise, if the Investor did not acquire some or all of his like-kind replacement property(ies) that were identified resulting in unused 1031 exchange funds during the 180 calendar day exchange period, the capital gain income tax liabilities would also be recognized in the following income tax year pursuant to the Installment Sale Rules because the Investor did not have the right to obtain access to or receive the benefit from the unused 1031 exchange funds until after the 180th calendar day deadline has passed, which is also in the following income tax reporting year.

Well the subject to appraisal condition is trigger allowing you to A. back out of the deal or B. or back to the negotiation table and show proof to the seller that the property is not worth $500k but rather $25k less and him either has to lower the price to the appraisal price or the deal is off because one or all your conditions on the contract were trigger.They basically allow you to back or renegotiate the pending deal.

Did the $2000 include just title insurance or all closing costs?

With that said I would love to get to know any or all of you who are in the area in some form or another.

I sure hope someone else can chime in about this, but I think I read about listing "John and Jane Doe" (or "all occupants", which is what Kris is probably referring to) as additional people to evict.

Many mentors in this situation want the novice to put up most or all of the money in exchange for splitting profits evenly.The hours are reasonable if the properties and tenant class are nice, and he's training you and passing off his established system for doing things.

Is assessing a house pretty uniform or all over the place?

The seller refused to sign the contract on terms agreed by him orally.

First the rule as usually talked about here on BP is 2% of purchase price (or all in price) not mortgage.Once you figure the % that works for your market and personal needs and goals then you can use it as a screening tool.