Did they not have the funds to pay and are they going to wait till their opportunity to redeem it so I wont end up getting the property.

I want to get the notices if tenants are destroying the property and violating city codes. 

Hard money loans can destroy people's lives.

I promise you Ken McElroy is not sitting on the sidelines until the end of the year.But wont prices be elevated until then? 

Make sure the property is well insulated otherwise the tenants electric may be very high and its possible that in the very cold months the property wont get warm enough.

Though i wont fix repairs that will not difference between habitable or non-habitable if my renters decide they dont want to pay.

I am just worried that he will destroy the place if I don't pay him in full.

I am factoring about a 10% vacancy rate or about $280/month so with that my costs go to about $2,100/month. total monthly income will be $2,400/month for a net cash flow of about $300/month.My cash flow wont be as high as I thought because the week we were closing on the loan my lender realized that the back yard of my property is in a flood zone and they still require flood insurance even though the house is not.

1) Bad landlords that do not screen.2) Nice landlords that will look past his credit being destroyed due to medical bills. 3) Smart landlords that will accept him with a large security deposit / pre-paid rent / cosigner. 

Stagflation eviscerates, it is the destroyer of generations.