Before doing business with someone it is perfectly OK, and prudent, that you ask about their experience and put eyes on your future asset.I see A LOT of "mentors" in today's market who failed at real estate investing and are trying to make their come-back by pulling money out of the pockets of newbies who are afraid to come across as rude by asking important questions. 

-I highly doubt he is licensed as a contractor(Texas does not require), however if he is an electrician I would pursue a complaint there if he did any electrical work as part of his management and failed to account for the money(Longshot but should put more pressure to make payment)The reality is that getting a judgement in Texas still means you have a very little chance of collecting. 

It's important to ask yourself and partners to consider each and every reason this deal will lose money, fail or become a money pit.

You have time to fail and recover. 

And, some of Auction's properties had a reserve and failed to sell the first time, requiring them to 'Extend the bid', which means they'll auction it again once they finish the other properties.Enjoy it and let us know how it goes.

Np...also they say experience is the best teacher, dong be afraid to fail 

@Tanya F. have picked up a few detached electric heaters from Home Depot when a furnace has failed.

. review the current market paying close attention to DOM.. if it looks like you can rent it within 4 months you will break even. if you want to keep the tenant propose a multi year lease with incremental increases until you reach the desired lease rate.Most start ups fail within the first year.Next time you rent review the financials before you lease to get a better quality tenantIn the mean time pursue the former tenant for the back rent plus court costs.I have a friend who makes more money from former tenants than he's ever made renting his commercial property.

Make it clear: if the fail to abide by the law and a fine is issued, you will pass that fine on to them. 

The only studying I did to pass that ridiculous test, that by the way has absolutely no bearing on reality and has many many questions and answers that are factually wrong (you read that right, the test has questions that are wrong, and you have to answer a bunch of the questions wrong to pass the test too, if you answer everything right you will 100% fail the test)(1), was the weekend Chamberlin Real Estate School 2-day crash course that "teaches to the test, not to reality."