For newly constructed, purchased or renovated properties and also retroactive generally over the last 10 years, building components are properly classified into individual units of property and accurate recovery periods for computing depreciation deductions.

It should be in your lease that you have right to show the property with proper notice, whatever that is legally in TN.

The best way to get over it is to gain confidence in the numbers, get confidence in the assumptions, and most importantly get proper expectations on what a buyable deal looks like. 

And as for the STR buyers, I put many into the same bucket as many other unsophisticated (or maybe the proper term is less conservative) investors.  

So, the LLC was likely properly notified even if the owner did not receive it.

While I do ask questions about leins, ownership etc, I want to be able to have a high level of confidence that the property can actually close before I spend any money on inspections or appraisal etc and ensure that the closing duration is long enough for all this to properly happen. 

To me it looks like the Three Stooges did it.One trade opens a hole in the wall/foundation to make some repairs, they don't do hole repairs and leave it.Homeowner decides to just leave it, or stack loose rubble bricks back in the hole--thus saving cost of a proper repair job.This is an extreme brick problem: https://www.clickondetroit.com/news/defenders/2020/06/29/detroit-familys-home-collapses-as-landlord-refuses-to-answer-calls/

Again- the tenant would be responsible if they just did not find the switch or the appliance was working properly. 

I’m not sure if this is the proper spot for this so if it’s not an admin can feel free to move it.

You should be able to do a 20% down conventional loan if you have proper DTI.