So this is why this strategy is coming up so much one because of why you want to do it taking over low interest loans and when markets start to have issues and owners have financial issues.the KEY is finding sub too ANY EQUITY a lot of folks doing sub too will over pay just to land the mortgage to me thats not a good bizz model every deal we did could be flipped day one for a nice profit. other wise we passed. 

Would repairs support demand for rent at increased - considering you already have issues with rent payments on time?

If any issues with China or the Panama Canal become worse their prices will skyrocket back to $5,000. 

These types of procedural issues are always complicated.

I didn't have any issues with devices or software, so I don't think you should worry.

So this will cause some issues with sales as it makes them tougher to become move up buyers, giving up 3% to go to 7% interest and buy a more expensive house.Still seeing population growth, still seeing job growth and those two things alone will put pressure on upwards home prices. 

Cash flow positive is nice in that it pays for the mortgage and property management with some left over for future issues, but the upside is in the appreciation on the home and favorable landlord laws in Vegas (relative to Seattle).

Legally, I am wondering if I should get some paperwork drawn up regarding any damages/maintenance related issues that may arise.

We are addressing the source of the issue, which seems to be blocked weep holes, high brush piled around the periphery of the home, possibly prior leaky kitchen pipes and some holes in the brick. 

I am waiting on insurance help and My contractor and licensed electrician think there's no issue with the electric and think this PSEG guy did something.