There are also a lof of other property management issues involved that most traditional property mangers are not equiped to handle.

You will still need to manage the laborers yourself and rent/own any specialty equipment (particularly for tile demo) which will add to your overall cost as well as your own time invested in the project.

Hi, I have a couple properties and several pieces of equipment that I sold with owner financing here in northern Maine.

It doesn't come up on the boards, but I've spoken with investors who stay with real estate only because they are unable or unwilling to pay the tax or ill-equiped to invest in anything else.If your goal is real estate, then you should tap that equity somehow and leverage some more. 

I offer financing and 25 years warranties on ALL of the equipment.

You can't govern how much a renter can use the equipment that is provided in a lease. 

I wanted to ask the community your thoughts on this equipment before i bought.

If mold is on the joist that would be no problem to clean, just needs some equipment and on the sub floor i believe pending on how severe it is you may just get away with a cleaning with specialized chemical thats stronger than bleach (I know the name but cant remember how its spelled) , as well as a negative air machine, some duct tape, plastic sheething, tyvek suits, gloves and other ppe needed for the workers or it could be severe enough that the floors would have to come up (I know you dont like the sounds of that) and possibly trace it up the walls if any moisture wicked its way up sheetrock and the insulation thats in the walls?...

They are not equipped to assess your specific tax situation.Read this for some additional info: https://www.biggerpockets.com/forums/51/topics/1075919-five-...

Sometimes you can modify the equipment and sometimes you have to replace.