If the house has been vandalized and copper stolen, you are also looking at an extensive amount of sheetrock damage, usually doors, possibly broken windows, damaged plumbing fixtures, and damaged HVAC systems.

If they so choose, they'll continue to hold the note to collect your payments, no longer paying capital gains taxes at all. 

I was able to weather the 2008-09 recession because I did nothing and just kept collecting rent.

Considering I only have the ability to put down about 10% at this point, what other options do I have for acquiring this property outside of owner financing since this property doesn't need an extensive rehab and is currently occupied with tenants. 

From my opinion, the pros and cons of each areOpportunity Zone FundPro:I can pull out cost basisAfter 10 years capital gains tax is reduced 15%Capital gains of the investment are zero after 10 yearsOnce the property is developed, I should get a regular stream of dividends until cashing out in 10 yearsCon:I may have a 2-3 year wait until the Fund generates incomeFunds are pretty much locked in for 10 yearsReturns don’t seem to be as good as a rental property 1031 ExchangePro:I can exchange into properties with better cash flow and collect monthly cash flow immediately I have a tangible property rather than a fund which can be mismanaged I believe my monthly returns will be higher than an OZ Fund Con:Capital gains (depreciation recapture) continues to buildNot as passive as an OZ Fund I’m wondering if I missed anything?

I did look up Delawares landlord tenant code & from the way I'm understanding it is "unlawful" to collect such deposit..

TODAY'S UPDATE:  My contractors came out last night and noticed that the condensation collection box (idk if it's actually called that) was moved. 

All the things associated with running and maintaining a rental are the responsibility of the property manager, i.e. maintenance, placing tenants, collecting rents, paying utilities.

With current renters willing to sign a year-long extension, we have the place rented for $1,025/month.   

@Adrian Fajardo - during the year I resided at the property the rent that I collected from my tenant covered mortgage, taxes and insurance completely.