You will find tenants MANY times are not the most communicative or helpful sort.

Keep this in mind when structuring your deals to communicate to the seller how much cash they can expect in their pocket at closing. 

You followed the lease and the law, and you've treated the tenant fairly.Give them the final statement and shut off all communication.

Communication is HUGE. - Being straightforward and honest is extremely helpful when managing tenants.

Yes I have communicated to the tenant about the scenario and started collecting the rent directly.

Your lender, who provides the funds, will have their own borrower criteria, which they should communicate to you.

It is unfortunate that you are in this position and it sounds like you have had very little to no communication from your representation or lender. 

We've been in communication about getting everything repaired until they found out the contractor said it would take approximately 4 to 6 weeks to fix the spots of drywall that have been removed and to repaint, etc, and now their responses to my texts are less and less.

Communication: - How do you communicate with property owners regarding updates or issues?

Maintain transparency by clearly outlining loan terms, interest rates, and repayment schedules, and ensure consistent communication throughout the lending process.