That being said, you probably are motivated and subsequently can't go wrong if you stick to your budget and remind yourself that this is your first property.

If your lease has a $25 late fee for each subsequent day that the rent is late, then the tenant is motivated to pay sooner.

@Stuart Birdsong - I haven't done a title search yet to verify if there is a lien or not, but the township office didn't say anything about there having filed one when I went down to pull the details of the code violations and subsequent penalties. 

More broadly, am I allowed to apply this carry over deduction in any subsequent year in which I am eligible?

My inclination is neither should be included in my assessment of CR and they should be included in COC as they would reduce year 1 COC but not subsequent years COC.  

FYI,On the inability to refuse a payment and the resulting difficulty with a subsequent eviction.  

I subsequently offered 82K.I made a mistake by calling two days later to see if there was a response from the bank.

This lack of financing is also having a severe impact both on those consumers wishing to purchase a manufactured home, and on the existing manufactured homeowners who find their homes diminishing in value because subsequent buyers cannot find the financing to buy existing homes that are for sale.

The current owner (and his subsequent partners) is looking for a cash buyer with the poteial to close quickly.

You already have expressed a concern about neighboring properties/companies.I'm sure a quick search of the Internet will provide you with articles/info regarding stories of people buying properties for $X, not doing sufficient EDD, and subsequently finding out that there's an environmental issue and the remediation will cost a multiple of the $X purchase price.