The price of the property would be raised, but the encumbrance will cause the seller to get the exact amount that you negotiated.The title company/closing attorney will need to clear title and get a release for that encumbrance. 

There are new flood maps that are supposed to be released this year which will change the flood zone of some areas.

My PM says once the property is re-leased, they will send the evicted tenant's outstanding balance to a collection agency, but the chances of getting that money back seem slim.What have other landlord's / PM's done to get some of their money back after an eviction?

I was trying to find more details, I don't think the actual text is up yet, but the biden website did release a summary if anyone wants a primary source:  https://buildbackbetter.gov/wp...  

Market appreciation is too good in your area.Fannie Mae just releases data that the home price growth is slowing to 3% only in 2023.If you still want to sell: you rent it out for 1 1/2 years and then sell, if you sell within 2 years of holding as primary, it's still tax-free.If you keep this house for more than 2 years as rental then if you sell later, your profit is taxable from the basis.

I would consider taking a look at Sacramento, specifically lots with zoning upside as it relates to their newly released 2040 master plan.https://account.sacbee.com/pay...Outside of California I would look at growing cities with 5-7% cap rates. 

Tenant does great, they want a bigger place.3) Re-lease of building if tenant leaves - It happens.  

Just let the prop management company know you will release them from liability for your decision.

This is a greater obligation than just releasing your mortgagee’s interest on a mortgage or your beneficial interest on a Deed of Trust.

And a stoopid $125 re-leasing fee that makes mad just typing. :-).