@Luke GroganI think it's a bit of a myth or at least a damaging generalization that having more units under one roof makes for a better property.

You probably want to help you tenants get out of there until the damage is repaired.You will have a large clean-up job. 

In some ways listing way low on the MLS has the same effect.

So now I've got the whole bathroom gutted cause the cpvc ran under the subfloor, which btw is now sitting on the ground making an invitation to move right in and become my next tenants, but the living room now has a nice trampoline bounce effect when you jump on the floor cause all my joist supports either washed out or sank from under the house!

Hello,My question is if a quitclaim deed was prepared without the grantor’s physical address (which is not the property being transferred) does that effect the validity of the deed in the state of Alabama?

In my initial networking leap forward here I'd like to offer up my knowledge of mold remediation, fire and water damage, carpet cleaning, and general contracting.

If the current owner walks away with the security deposits and the tenants cause damage before they move out you will find yourself in a hole.Lastly if you do make an offer and look to close, I would speak to the tenants and let them know management for the property will be changing, ___ is the day rent is due, ____ is the day a late fee will be applied, and if they are negligent you WILL file for an eviction.

Those are also the same people who are more likely to cause damage and steal items out of the unit. 

Simple and effective.

One other thing, I haven’t put the pen to paper and confined, but intuitively it seems it would be more logical and cost effective to go from LoC to mortgage, if needed, versus the other way around.