So, if we were to sell it as-is we would lose about $15K on it, since the price we paid didn't reflect those additional problems.  

Reality, it will be a hard sell to have tenants in a C- area paying the existing rent with gas bills on top of that, they aren't that stupid, you'll need to reduce rents to reflect utilities to the competition of comparable rentals.

Also note that at least 6 months have gone by, and the bank needs to reflect this non performing loan on their books.

The P's I made reflect each other so that way I shape the pillars of the house and the name of the company is PrawdzikProperties.

Cities are constantly reflecting and changing VR regulations (at least here in Southern California).

Then fine tune your research of each stage to reflect what your current comfort level is and what your goal is.

But, as I reflected on the experience I realized that many other people contributed to us reaching this point.I want to acknowledge the strength of community – and touch on a small portion of how the community helped us.

I don't know "Mary Jo" but her post is reflective of foreigners investing in capital preservation investments.

The RE is very inflated and certain areas like Merrimack, the rents are very healthy however the upfront costs reflect that. 

 It sounds like it's legally a little murky but it's best to just have some internal records reflecting very strict criteria.