As you can imagine they were displeased that they were served a 30 day notice as they just signed to continue tenancy on a MTM basis.

But that PM fee times 20 or 50 or 100 properties eventually adds up to quite a bit I'd imagine.

Imagine you refinance your home to get the funds and then you don't get around to finishing the project until a year later. 

Currently San Antonio has 3.8 months of inventory on the sale side meaning it's still a sellers market but creeping towards a buyers market which is above 6 months of inventory.I imagine we'll see this number decrease as we move into the year.

i would imagine it as a long process to obtain the lien certification from department of revenue.  

I was formerly in law enforcement and saw a lot of this kind of thing with people repeatedly calling in for burglars in the attic, imagined break-ins, etc. 

Anyway, I cant imagine why they would want to stay in my building if they are making so little, but they are refusing to move their equipment. 

I would also say that markets like Manhattan are not super representative of most markets in the US - a lot of foreign investment I'd imagine in NYC, Miami etc - I'd guess a lot of these cash purchases are more about exchanging unstable or risky foreign assets/currencies for perceived stability/safety of US top metro residential real estateI think in a lot of other markets where this isn't relevant - I think most are cash offers being "king" as not having appraisal or other contingencies that might sabotage the sale after 30 days or so and make people re-list (sellers will take less to avoid this risk and downside)

Just let my imagination run with it.  

Let me explain that better, imagine your rehab is $100k, you would need to do part of the rehab, maybe $10k, and then you can get the funds for those first $10k reimbursed so you can keep progressing with the rehab.Given your experience, I would recommend you start with a moderate or light rehab, mostly cosmetic work so that you can do it yourself and won't get your profit decreased by hiring third parties.