(If no it is premature for them to even be looking for properties unless it is very close to the last day of the month so they can give a 30 day notice quickly.)2) Has SEC 8 already reissued you your new landlord packet (RFTA) that you need to submit when you get accepted for your next home?

Today I learned... 

Purchase price: $430,000 Cash invested: $85,000I bought the property partially renovated on the interior, then proceeded to do updates to increase value.

Definitely planning to check them out myself!

I’m looking for a structure that would at least allow me to break even, or create capital through something like the BRRRR method to use for future deals.

Welcome to Bigger Pockets. 

After checking the online portal, I see the current balance is over $3,100, and the water was shut off two days ago.

The appraised value seems low and I am trying to understand the best strategy to challenge this value and the cost / benefit of going through the condemnation process. 

My rule of thumb is a .5% savings to refi so I'd want to get you at least to 6.250 or lower.

The best strategies will be tailored to your specific situation.