@Michael Plaks , I have never dealt with this, but I read that there is no formal election required for the use of the installment sale by the dealer, but reporting a sale in 6252 acts as an election.

Unless they formally agreed to make the repairs you're asking, the only other way you had a firm contract was to accept it 100% as is and proceed based on the original contract - sans request to remedy addendum.If they never agreed to your repair list, they are fully within their right to back out.  

What you want to consider is if he is able to sue you for damage to his property from failure to maintain your rental unit.I believe, even if the tenant never responds, you still have to formally evict him/her.

I had to close fast and couldn't wait for syndication attorney to draw up documents and go through the formal fund raise process. 

It looks like the neighbor might be delusioned about encroachment, but I know a formal survey would settle it for expense.

If not, let me know and I will provide you with a formal analysis of the area.

My formal education did very little besides take up my time, and I say this as someone with a Masters degree.

The plan is one formal meeting each month and other optional meetups like checking out a property, having a local event at someone’s house, and possibly two charity events (5k run/walk with funds raised going to HUD or other group who helps people with housing)You can be as involved as you like.

@Basit Siddiqi, are there any formalities I have to follow to declare the loss? 

Totally normal....Just remember.....ANYONE can be a "contractor"...... no real skill....no formal training......many are unlicensed etc etc etc.