Big difference between SFR, MF, commercial, short term rentals, etc. the most common mistake is to assume that a company managing 400 SFRs is capable of managing a 40 units apartment complex or the other way around.

Yea this is definitely possible and quote common!

Purchasing the property as tenants in common gives you the greatest flexibility in a sale situation. 

Proving they clogged the drain will be challenging unless your plumber has clear evidence (e.g. pulled wet wipes out of the line). as for their damage, if you require them to have renters insurance that should be available to cover the damage. lastly, code is something that is different from one municipality to another and may things can be not up to code but grandfathered in (e.g. aluminum wiring that was common in the 60s and now is not up to code) 

** Reposting since the last one was over the holidays and this seems like a common question **I came across this cool spreadsheet by Roofstock but I cannot find it on their website.

Thanks everyone.I guess to wrap up some common questions the unit, in my opinion, is habitable.

Furnishings - Will you be furnishing the common areas? 

Also A/C is one of our most common maintenance requests in the summer.

Is this common practice, or should I walk away?

However, if you speak with enough folks in one market, you will quickly see some common themes that should help with honing in on where to look & what to look for.