I'm definitely not looking to find myself in legal trouble or slapped with a big fat fine from the board, lolI have gone to a few investor meetings but not nearly enough I think.

The floors are trashed: crappy carpet with cigarette burns throughout.

Have a client who is always concerned about whether not you could recreate the property because he has had a property burn down.

He got greedy and got burned, does not mean it's not a great tool.

It will be a lot cheaper to install, though it is the most expensive way to heat a home, short of burning $100 bills in the fireplace.I have electric baseboard in the home I just purchased, so to mitigate the costs, we purchased (not leased) solar panels. 

It sounds like a challenging commercial property that will burn a lot of cash.

But like you said there are so many unknowns  and the risk  of burning through 5K for things unseen is highly likely.I think 20k is a decent buffer for the unknowns and the possibility of the sale not napping ad quickly ad o would have hoped for. 

Frankly if someone had threatened me personally I would have called police, I would have sat in my car until officer came and took report, I had tenant threaten he'd burn the place down..

Every time we renewed our lease it really burned my posterior so I read the book straight through and got in touch with Ben via email.

So familiarize yourself with the different ways payment can be processed, because many landlords were burned...https://www.biggerpockets.com/forums/52/topics/500...