I do appreciate the devils advocate perspective, and had to challenge my thought process several times before proceeding.

Knowing whom to trust in this business is a challenge for Hispanics in this country, especially in our part of the world.  

In a multi bid environment, the seller might not take a offer with contingencies, but you can try. 

If remodeling work is required then you might need a change of occupancy (don't know how Co Springs handles that - some jurisdictions don't concern themselves with that) which can be challenging.

Very corporate-friendly legal environment as well.

You'll find more challenges on that than you will on the "Produce the Note" offense that borrowers have tried over the years with limited success.I'm taking an excerpt from a law school publication on the subject:https://www.brooklaw.edu/newsandevents/news/2013/~...

AU is great, we have our challenges here as I guess any market does. 

This is the first time that I have had to withhold more than 25% of a damage deposit, and this is my most challenging tenant.My question was how specific to get in the letter to the former tenant. 

I'd greatly appreciate hearing from anyone who may have some insight on this topic and who may invest in a similar environment.

@Emily Shirk  in this environment a good lender is frankly just as important as the agent lots of moving parts these days with the new TRID rules a poor mtg broker can kill a deal for you quicker than you can say what the heck happened.most agents go with lenders they know like and trust because the deal gets done.