Ordinarily those tenant vacated damages would be too remote, but it sounds like they were contemplated by both parties at the time of contract.Were I in this situation I would be looking to state law to determine if the EMD is truly the extent of my potential liability as a buyer. 

@Eric BilderbackAgree with you, and to your point - if you buy something today that puts you in a stressed out position, you can't / shouldn't count on anything saving you - like a huge jump in rents or a big decrease in rates so can you refinance. 

.- If you're going after a seller finance deal I think once you understand what it will take to get to a finished state its simply a matter of aligning your needs as far as short term cashflow with the current rents/situation, with the net number the seller needs after the refinance.  

not everyone's family situation or commute or lifestyle permits it, but it's a great way to get started.it's also just objectively tougher to find good deals now than it used to be. 

I've started asking questions for clarity with scenario/situation posts like this.

While the co-signers add some security, the family’s newness to the U.S. and uncertain job situation make them a higher risk overall. 

For example, it's difficult to appease a situation if 1 tenant claims they're using less electric/gas than another. 

The mortgage is currently under my name, so I’m unsure what benefits, if any, I’d gain from using an LLC in this situation.

We've never had any issues whenever we submitted a claim, and they would take care of the type of situation you're dealing with.  

I am not typically litigious, but this situation is unacceptable.