*The property Manager sent an email in response to the landlord's inquiry as to the $200 refund, he got this:   ‘Hello *******, you have been dropped as an owner, no action is occurring as we no longer manage the property'. 

We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

A recession will occur in the next 12-24 months, and prices will become more "affordable". 

A lot of landlords are advised to put their properties in the name of an LLC for asset protection.While this is basically true, the reality isn’t what most landlords think.If a legal issue occurs with your property resulting in a lawsuit, there’s a decent chance the plaintiff’s attorney will be successful in “piercing the corporate veil” of your LLC and being able to sue you directly.

Davidson, Hamilton and Shelby County reappraised last year so the next reappraisal will not occur until 2025. 

Renter may have threatened PM with harm, or been super aggressive to PM, or was advised of something the lease required stop doing and said "go jump in a lake" in more colorful language.

I don’t think gas prices are harming me any.  

That being said, the last thing a bank wants is a foreclosure to occur on a performing asset.

But if they want a higher price than I want to pay and I know they own the property outright or nearly outright (in which case I’d need to come up with the difference as a down payment) then I’ve offered the idea.Basically, I’ve structured the loan to make interest only payments and then it had to be paid off in full  in 1 or 2 years. 4.It is wise if you know you are not going to harm the seller.

Unless some massive legal gymnastics occurs, this seems to be a very unlikely scenario any time soon.