Tenant filed for extension and lockout was scheduled for March 16th 2020, which on that day courts closed and evictions were halted.

They said all of the bills come out to 70K but if we go to court they will sue me for $375K+. 

These would appear on a Schedule C (if it's a flip) or a Schedule E (if it's a rental). 

Having a banker in your court speaking to other banks and finding out what really is available- This has put our team at a whole new level reflected in amazing rates and huge savings.

I am not sure if having a police report is helpful in court or not.

Whether or not the law finds you responsible for a specific situation would be determined by the courts. 

Some other may appear better on paper, but they don't have enough history to back it up.

Ball in your court now!

In four months they'll essentially pay an extra month of rent which helps compensate for the additional work required during turnover.I also use month-to-month when a tenant appears high-risk and I want to take them on a "trial run" to see how they perform.

The other item I see is that your expenses % appear to based off of the purchase price - most base those off of the gross rents.