Self Sufficiency test is the important item for 3-4 unit FHA homes. 

Since reserve studies attempt to forecast replacement costs of items over a 30 year period they are having to recalibrate since the reserves they are now using did not use the latest increase in construction costs.

If they have not done those two items, there should be no reason why the courts will holdup the eviction. 

I like to outsource that to a local expert.I call/interview property mangement companies in a city that I like and ask them to refer me to a real estate broker who works with investors.  

A cost segregation study looks at the overall building that you purchased and breaks it down as much as possible.The purpose of this is to increase the depreciation expense.Without a cost segregation study, you are depreciating the property over two items(Building and Land).However, a cost segregation study might identify items such as fencing which might be eligible to be depreciated over 15 years instead of 27.5 years.Depending on the year that the building was placed into service, you might be able to take bonus depreciation on certain items.The follow-up question to ask your CPA is will the cost segregation study help me, and by how much?

I assume state laws dictate and for reference if necessary, this is in Pennsylvania. 

First of all I put my acceptance criteria clearly in the ad: minimum credit score (enter X amount, 620 is what I use),income 2-3x rent, good rental history, references, no evictions, acceptance dependent upon background check and employment verification, pet policy, desired lease term, etc. so that people will hopefully read that and not come to the open house if they know they won’t qualify.

So for that, I would recommend getting a referral from someone trusted, someone without an agenda and someone who is not getting paid to refer you to the sponsor.

If you don't hire a PM refer to a attorney.

On 5/15, which is after our official termination date of 5/14, I requested next steps on getting funds and clarification on outstanding accounting items.