You will fall under section 121 capital gain exclusion for the sale of the primary residence.

If your PM is charging you for things your tenant is clearly breaking (towel bars don't fall off the wall for no reason) then it's time to find a PM who isn't foolish. 

When no code enforcement then the enforcement of the state building code would fall on the selectman, council, or there designee. 

The couple retired to Florida from NY, put all the money into a home protected by the state's Homestead laws, so the plaintiffs settled for whatever they can from the insurance.While I had the business in an LLC, there was a slip and fall at the business, and the customer got an attorney after me.

I was worried that the whole thing would fall apart last minute. 

He already had one bank financed loan fall threw after the bank ran the appraisal.

@Daniel F Chernati I was originally in the Atlanta area but had to move due to work recently to Greenville so I'm still learning the market and planning to make my first purchase this fall. 

These people have often been given a dose of reality with their deal falling through.

We have a couple duplexes that fall near this price range (a little higher) but are a little further out from the urban core in a less shady part of the city.

I check my state dockets and sex offender registries .