Many contractors either wont or cant afford to wait for inspections etc and will demand money up front ( which is a whole nother risk profile)..

I did this after seeing a lot of Section 8 properties poorly managed by PMs and not wanting other landlords to suffer than same.

New York has seen a particularly large outflow of residents after suffering a huge number of COVID-19 cases early in the pandemic.

In this case, some may be feeling like they just do not want to because they may really be considering action for fraud, etc or they are not getting anything from it, so just wont sign, or won't sign without compensation.Likely many other situations, so you really need more information to know how to  proceed or not.

So getting a kitchen in wont be too tough.

We are hoping we will be able to decrease our current monthly mortgage and use the funding to buy the house, then for the first 6 months while trying to find renters quick, wont have to worry about mortgage costs from the other property. 

That means if you have $100k of insurance and suffer a total failure of title and the then value of the property is $75k, you'll receive $75k at most from the insurer. 

I am brand new to real estate investing l(In Virginia)and find myself a victim of analysis paralysis. I am the type of person who wants to make sure “all my ducks are in a row” before jumping into something. Currently...

If all those sewage lines are corroded out you wont be able to rent the other unit. 

Either way, my opinion is 30 years is way too long, if it wont cash flow on 10-15 years is not a good deal.