The financing of flips is a specialized area that regular banks are not equipped to handle and there are many private and alternative lenders in the space that do not necessarily spend what Wells Fargo does ($600 million+) on advertising.

Even if you never pick up a hammer you will be better equiped to make decisions if you know what you are getting into when you take down a load bearing wall.

The waiver benefits the tenant's lender and is a waiver of the landlord's lien rights to the tenant's personal property and/or equipment. 

We used to sell expensive computer equipment with a $1 buyout.

That being said, you need to be equipped and prepared to bring on extra help or invest in the tools unless you wan to be working IN your business vs.

New build with new equipment.

She holds one other property under her name only that we let a manager for second S Corp live in and we use it for equipment storage and maintenance. 

If the Tenant uses any of the Landlord tools or machinery to maintain the lawn or property, the Tenant uses the equipment at their own risk.

They shouldn't care who is living there as long as you are installing more efficient equipment.

@Jennifer Wang - as others have alluded to, there are many many reasons for people to sell their investment homes despite being lucrative and positive cash flow.Now the piece of information that concerns me is the asbestos - it is a very expensive and time consuming problem to tackle and not every contractor out there is equipped neither willing to deal with it.