Also concerned that the county bought the land across the street and chain linked it all up (not sure what they plan with that, any way to find out).  

The reason being there's always those that take it too far, allow too many people in their units, huge parties with no concern for neighbors that are residents, etc.; and owners are too far away to actually check properties, so I can see the desire for having owners living close by. 

If you bring this to light with BP administrative staff, I am positive they will work to address your concerns. 

The main concern of any private lender is the value of the collateral.

During the walk-thru the tenants would naturally bring up anything that concerned them which allowed me to address it.

Concerning the cast iron.I would 1st, like to know who is requiring you to replace the cast iron? 

Any concerns or easy repair ideas? 

Some additional info about me that may be helpful:1) I have significant self control and am not concerned about spending the money away that I would get from any of these options.

Not that I’m opposed to Property Manager, but I was concerned if it would be profitable Still with a pm.

Not sure why you got that idea, but more info is needed to know if you should actually be concerned.