I actually just acquired a property from Networth in Austin where the values are already going out of range for cashflow numbers to make sense. 

Not your problem, in a sense. that was his business that started and did the eviction, not yours. as Thomas S.said, that should have all been prorated for the closing. but that said, as a business that is an expense that the business had to pay. your Lawyer ,as Greg said, should be able to straighten that out.

Hope that all makes sense.

This question is very common among investors.  

Not enough equity in the home(recent SFH have sold for $90,000 and up). 3.with all the fees and closing costs loan will not make financial sense for the bank or myself.

OK - clarifying "client" and "customer" is helpful - now it makes sense.  

The expenses of running an apartment property include vacancy loss, maintenance, repairs, management, accounting, legal, evictions, depreciation, landscaping, make ready, utilities in common areas, extermination, insurance, property taxes, building code violation fines, permits, usage fees, security, management, leasing fees, etc.  

Let me know if that makes sense.

Now to make sense of how crazy that is, a few weeks earlier, I purchased a similar home, less than one mile away, that had already been completely renovated top to bottom with all new appliances for $99K.

If you have other access to funds and the deal makes sense then it may be OK to proceed.