Seller gets to enjoy their retirement.We get to continue our daily routine as usual, no moving, no nothing.Next is to utilize the equity as a down payment for the next MFH property, hopefully merge another equity partner together to expand the opportunity for my next deal.

I'm not an expert by any means but I do manage between 500-600 apartments and I usually I don't have a lot of fight from a tenant when I deduct from their Deposit.

Those guys usually claim to have access to billions$.

It is often hard to find but they will usually have information about their tax sales. 

Usually, the owner would paid the PM company and the PM company would then pay the vendor after the work was completed.

@Deven Wolfe, while everyone's investment strategy differ, but I would not be looking at a property that has negative cashflow unless you are planning to house hack the property. 

~ JonJust an FYI but granite companies usually offer undermount sinks in the $250-300 range installed and no added cost for faucet holes.

In regards to your question a 1-3 Family in those areas will usually run you between $150-$250/month in homeowner's insurance.

The good thing about commercial ARMs is that they amortize a bit faster, usually 25 years.

Even low-fire terra cotta work usually fires at 1945F.