Thank you in advance to all whom contribute to this discussion, I plan to take my conclusions from this thread to a legal and tax professionals before doing too much, just seeking wisdom of experience from others and to efficiently use those professionals' time.

That's the obvious conclusion.

I'm looking for my first tenants right now and had come to the conclusion that I wouldn't take ANYONE with an eviction, but I may break my own new rule.I've also decided that I want long term tenants and I'm not going to be a slumlord.

Jumping to conclusions based on stereotyping won't solve the problems of the working poor in America.

I plan to flip the house for around $125-$130k.SO...my conclusion is, take on another payment, keep the cash hanging around for the next opportunity.

Below is the conclusion, and more background (worth reading) begins on page 5 under "B.

The only conclusion I have is, the apartment is a dump and they have a really hard time getting a body to live in it, which equals a lousy landlord and thus the headaches that they encounter, vacancies, calls from tenants complaining, calls from lawyers wanting to sue them etc.  

Anything conclusions drawn here are mostly going to be speculative. 

My only conclusion would be that your apartment is already a dump and it is really hard to find tenants, so you let the tenant "manage" you. 

Conclusion: the answers above are more specific, and therefore more accurate (e.g. tenant is liable IF .....).