Hired a highly recommended PM company, and have been nothing but disgusted since:  seems like their main focus is milking me and the properties for every dime they can!  

Also if it does have oil in it you can find your local oil recycler and he will pump it out for you for free probably.

Especially if their is mortgage insurance the loan servicer will need to demonstrate and document they did everything possible with workout options to get the loan performing again before going a short sale or foreclosure route otherwise mortgage insurance will try to deny the claim.Owners typically will want to milk as mentioned every free month they can get.

@Andrew PostellUnderstandably, conventional lending won't have use for further due diligence since the lenders just recycle them anyway - i.e. securitizations/loan sales - but I would think some private lenders may be able to.

Buy and Hold does not work if you are a Conventional, Retail, Investor who does not pay attention to the RE Cycle.

Those two things alone may make the difference between something sitting on the kitchen table for later and something going strait into recycling.4) Figure out whether someone else has already been saturating the area with direct mail solicitations.

I don't think a conventional lender will use this, largely because they'll recycle the debt anyway - i.e. securitization. 

Jeremy is known to some of the others in this thread for the syndicate deals he invests in, his due diligence standard, his views on the RE cycle etc.

Recycling may be part of that cost,, it is sometimes automatically included by city and you can't get out of paying it even if you have your own hauler,, make sure you find costs when doing taxes so it goes against sanitation / trash costs,  not water/sewer.. 

Water is always tricky rarely seperate meters and they tack on recycling fees, sometimes you can arrange for private trash if it's included but usually it has to be a large building for that.