or the deal is off and you will sue him for damages and/or specific performance. 

Cringe-worthy mistake #2: By hiring him, he clearly saw that I needed additional help, which damaged my credibility as a landlord.As landlords, we have to keep a distance.

We also require renters insurance from our tenants which adds another layer of $100K liability for certain tenant caused damages such as they start a fire.   

I'm looking for some assistance in determining what to offer the seller when you don't physically visit the property. 

If I understand it correctly it is primarily to bring the property up to date and to repair damaged parts of the home.

@Sarah Montgomery what you’re describing, the 3br and the 4 plex are physically separate, right?

Check on physical due diligence.

The surge also damaged a component in the furnace.The landlord when asked to replace the damaged items, said to call Oncor that Oncor would pay.Tenant called Oncor, spoke to the District Manager.

So I will need to take time to physically go to the MHIC office.)2.

For example, if you provide free laundry, prepare for your tenant to do some laundry parties or start a laundry business out of the house.Property managers may also not have the best treatment of the property since they understand the property would be in a lower value area, so I'd prepare for some excuses such as damage/poor screening not being their fault because the tenant pool is not good enough.That being said, you can still make a lot of money in lower value areas.