Considering that we would have been in contact with the tenant before that, we would have some idea of their plans.Conversely, if we don't want to renew or accept a tenant as a MTM, then we send them written notice reminding them that their lease terminates on X date, the process for cleaning and final inspection and getting their deposit back.

I listed a flip at 250k, and accepted an offer at 250k with 5k to buyer at closing with additional repairs that were requested post inspection.

They have cash to pay for properties, will do zero inspections, etc. 

Even if you get your EMD back, you'll still incur legal fees, lender fees, inspection fees, and other costs that you will not get back.3. 

I’m waiting to be able to get into the duplex for inspection.

So, while my profit is $16,260/year, I only pay tax on $1200/year, unless I spend $1200 on repairs, travel to inspect the property, etc, then my $15k is tax free.If I decide not to rent it out in 6 years when its paid off and instead move in. 

You'll have no problem using an FHA loan for example in a rural area, but might have trouble in a red hot area like NE Minneapolis since sellers don't want to deal with the headache of inspections, regulations, etc when they can get asking price in 2d from a conventional buyer.

You MUST inspect at least once a year, even on the very best tenant.

Thank you so much for the great supports here at BiggerPockets So I got my inspection report back from the house, and no serious damages.

I'm hoping the property is in a condition where the appraiser or whoever comes to inspect the property will approve for a loan.