We now charge a higher deposit than rent so they have more to lose if they attempt this.

I'm mainly trying to get help on how to get all the information necessary to analyze a deal before I attempt to make one.

(attempt at humor)Good question!!

This property is a triplex, but it only had 2 meters, so I just added a 3rd meter.Now, if I was attempting to do that in the big city, 5 miles away, the cost of the meter alone is over $1000 plus whatever the cost would have been to run the line to the house.Best thing to do is call the municipality & ask them what they would charge & then get an estimate to run the line.

While not ideal, at this point I will piece meal my projects in an attempt to get them done.

Have you attempted to jump on biggerpockets.com rental calculator?

Here's a link to the raw guideline, if you want to attempt to decipher it.TLDR is that no you do not have to wait six months, but it has to have actually been a cash purchase, or other restrictions may apply. 

Plus I've learned that when you go to eviction court, and the judge sees you attempting to evict a tenant over something like  a mere ten days, your case probably isn't going to hold up.

It is important to remember that even though you may acquire a quit claim deed, the mortgage holder can foreclose to force a sale of the property, and couls still attempt to foreclose after the statute of limitation expires.

I figure by giving 60 days it is a good faith attempt to allow them to look for quite some time and if they come back saying they will pay it, great, we both win.