Why people think that if they destroy someone else's property by accident they are not responsible for monetary damages is beyond me.

There are a few investnent communities, such as renatus and real estate brokerages, but would like find someone that wont cost me fortune.

Example: A foreclosed home that may have a little mold in the basement wont pass FHA but can I do a 203k and have to the mold issue fixed?

But they really wont get and increse in value, just dollars.

Paint with primer wont seal it.Is there wall patching to do?

Making small business owners pay mandatory health care costs for their employees would destroy small business, which is the largest provider of jobs in America.

The next is bringing them a property that works.I dont know many banks that wont lend to someone with a good PFS, good credit score, and a good property.Good Luck.

I'm also building in a pretty decent time buffer and profit margin, so that i have some space in the event that my numbers end up being incorrect, I wont go completely broke on the deal.

If the scenario did actually happen and Investor #2 did use an FHA loan with little down and was achieveing only $$900 a month of cash flow on four duplexes and a large expense did come and there are insufficient funds available (32k for repairs) it could be a major problem that can destroy ones finances.  

On the other hand install is very very simple once you get the groove going and the floor is very durable (we have never needed to replace any so far after 2 years.So to break down my opinion (Theres way smarter people than me on here) Snap Together Vinyl Plank with underlay might be good for your sound situation, However if your tenants are able to destroy it, (ie: Defective High Heels or Scratching the floor) its 2X the money gone since the planks are super hard to replace.