If they actually leave and the place isn't trashed then you are required to refund unused rent $$ and security deposit. 

When I write offers, I base it on the performance of the property and my returns desired.

Im wondering what is the best type of financing and money down I will need to perform this type of buy and construction? 

I’m putting this property on a 15 year loan due to my situation and circumstance and how much money I make with good security if market turns some.

If there is any lead I want to ask for a concession  in the sales price to offset the cost of dealing with the proper removal of any lead.Q: Is there any reason that I should not performing the testing? 

Suffice to say, the deal is off and the bank is going to begin foreclosure process and most likely open bidding to the public I reached out to the bank, and they mentioned I could potentially “buy the note” from them so at least I could secure the property for my church.

These can be a very powerful secure part of your portfolio. 

I would recommend talking to someone to figure out if you qualify for the deduction, and to perform some tax planning to best position yourself to take advantage of the deduction.

I've got some funds secured for buying my first rental property! 

I'm a recent college graduate from the University of North Carolina at Chapel Hill (This past May) who has been lucky enough to both graduate with no student debt and secure a job in the Charlotte area.