Ensure that the roof and HVAC life expectancy is figured in.If you purchase a $1,050/mo rental for $85k, you'll have $17k in the down payment and a mortgage for the remaining, $68k.

So even if a resident doesn't move out at the end of their initial lease, this cleaning fee still remains to make certain some areas of the home remain clean year in and year out.Again, this is all speculation on my part though as maybe your landlord is surprisingly springing this expense upon you due to what sounds like possible roommates that haven't maintained the landlord's expectations of cleanliness.It may be best to take a close look at your lease to see how it addresses the charges associated with cleaning the home. 

By the time we show the apartment the only remaining things are credit and background check.

@Patricia Steiner If they only pay partial rent on the 12th, am I not able to then provide a 3 day pay or quit in response to the remaining rent owed?

They are good tenants so I am in no hurry to motivate them to leave any time soon (I could charge an extra $100/mo per unit once remaining are rehabbed).

In discussing it with the lender he says that they refund a portion of the 3K, roughly 2.6K of it and the remaining portion was for inspection and appraisal fees once the first deal is approved.  

In reality, it's good for as long as the snapshot in time of your exact personal finances remains exactly as it was.

Basically TIC says any of the partners has the right to sell at any point but the ROFR says the remaining partners have first dibs on buying out the Selling partners Portion.

I would try and raise money for the remaining downpayment amount.

Oops, I meant "hear"...So in 2010, I did what everyone tells you not to do:  I cashed out my entire 401K and after penalties and taxes, I had about $270K remaining.