Is there any harm in a handwritten letterhead mailing?

This kind of blanket rule harms investors that are ethical, all because a few decided to take advantage of the system.

If loss were to occur on this project, who will bear the loss and how will it be split?

The flipside can occur as well where nobody wants to buy a house and more people become renters.Apartment rents and overall income are going to be highly affected by supply. 

If you read your "as is" contract, you will find language that the seller must maintain the property in the same condition as when your inspection occurred.  

So I have been on BP for some time connecting with other investors and it occurred to me that I never wrote an introduction post.

When things unforeseen occur, death or incapacitation of a family member, loss of job, being transferred in your job, divorce or such, you can sell and avoid the occupancy issue.If someone knocks on your door to buy it for 10K more for a rental, no, that's pretty much flipping it.

Asbestos containing material is not generally considered to be harmful unless it is releasing dust or fibers into the air where they can be inhaled or ingested.

Also, in my experience when a potential tenant complains about their current landlord it is typically a re-occurring theme and usually ends up being more of a hassle for me in the long run.Just my 2 cents..

If done improperly and harm is caused, the Seller can file a complaint and the transaction void and the OP responsible for all fees, costs and expenses civilly not to mention any potential criminal charge.