It’s very unlikely to have been related to the home’s systems, since it’s a brand-new house.I believe I have a handle on how to proceed, but I’d appreciate any advice on how to handle security deposits with regard to cause, and tips on dealing with insurance.  

Great advice for how to handle your money so that your job doesn't own you.

They have the necessary systems in place to handle the numerous obstacles thrown at them through the life-cycle of the note.  

What has been everyone's experience with finding someone who handles the construction end, while they focus on other aspects of the business?

And have a discussion on how to handle the different case scenarios when things go south.

In the DC area they reduce the value of the property whether they are leased or owned.

If not for the whole price then perhaps some % that would reduce your high interest payments.You can give the seller 2 offers to choose from! 

Sorry for the confusion on thinking you did not handle taxes.  

I handled everything on my own (by that I mean I didn't use a PM or Attorney, not went there with a baseball bat to threaten him), and worked directly with Sheriff's dept to evict a non paying, very late paying tenant.  

I simply browse the property transfer section and take note of those that are selling real estate at reduced prices.