My biggest apprehension is that this $36,000 down payment is going to cut pretty deep into my cash reserves (pulling this out of the stock market) and only leave me with about $15,000 for future ventures (without dipping into emergency fund/savings).Not sure what the right answer is here.

Tenants who pay utilities themselves might appreciate the fan to cut back on cost of having AC running. 

And consider cutting down/killing the tree.

Questions should be addressed through the project manager (Asansa).In conclusion, in business when you run into trouble brainstorm with more experienced business owners to cut your learning curve and not waste time. 

Hope our luck with this property turns around.I would definitely be expecting the answers to any of your questions coming straight from your property manager.

I would think there would be some different regulations for this scenario vs. a straight out non-occupied investment property.

You're right to think that there is a kind and respectful way to deliver dialogue and have leverage mentioned in an honest way that isn't disrespectful to the situation or 'cut throat' -which again, truly sounds like you're trying to avoid. 

If you already have cash consider skipping flipping and going straight to flip and hold

Many have had  much of their income cut off.

At the end of the 3 year period is it necessary to request a tax deed or can you go straight to foreclosure and quiet title?