Additionally, if the landlord voided the lease agreement , the landlord  should return the deposit as "void" means the agreement essentially never happenedUsing a TAR Application deposit form makes it a clean 

For example in Florida, generally,  a tax deed wipes out all non-governmental encumbrances, but still requires a quiet title action before a title is "clean."

On physical inspection all of the electrical panel had been stolen, all the wires cut out of the attic, water heater, and air conditioner as well. 

They keep the place clean and pay the rent on time.  

Lower income tenants may not be interested in c/a as it will increase their electricity bill and rent if you charge more.

I provide information forms to all new renters giving them the pertinents - location of water/gas/electric shut off, phone numbers to all utilities and emergencies, trash & brush collection info, specific information about maintaining/cleaning the house, etc. 2.

The 3 bedroom is vacant and we plan to renovate (approx 5-6k in renos) and the 1 bedroom is already rented to what appears to be a nice clean older lady who has been there fro 6 years.

I know this will vary for the individual and the type of investment, but it seems most are happy if the mortgage is covered and it cash flows some minimal amount.For an STRP, its not completely passive as I would be hiring someone to handle the listings/cleaning but its much less work than the business I own.

For example, the property may have only one meter for utilities like gas and electric.

I purchased a 6 unit building about a month ago and scheduled my regular HVAC vendor to service and clean the systems.