I bought a townhome that has no HOA. 

That fell through today because they bought a house.

Agree with @Joe Splitrock, find out what the leases say, if a security deposit was given, if it does not say anything and the seller is saying there is no security deposit collected, get it in writing from each tenant ( make sure that all tenants that signed the lease, sign the agreement that there was no deposit given) you will then be off the hook for the security deposit when they leave. i had this with two houses i bought with inherited tenants and did just that with them.

I only have on thing, if the comps are 130 - 150 and they owe 80 and you would have bought it for 80, why didn't you buy it?

I am sure you can research online the pros and cons of putting a commercial property under an LLC but the benefits are primarily both accounting and legal.

For the most part that is true however, after reading a book called "The Deallionaire" by investor John Lee from Missouri (He was a guest on the Jennifer Hammond show), He talks about selling properties that he has bought  for less than $1000 using both conventional and unconventional means such as advertising a property via craigslist, social media marketing or selling through realtors and word of mouth.I'm mainly looking to venture into North Carolina, South Carolina, Georgia, Texas and possible New Jersey for this.I have heard both John Lee and Ankit Duggal (A guest on Bigger Pockets show) mention buying into tax deed/tax liens AFTER the main auctions by simply requesting a list of properties that were still unsold. 

Whether it's watching YouTube vids, podcasts, books, blogs, or just talking to anybody about REAL ESTATEWell, on September 6th, I bought my 1st property and it happens to be a 4-plex MFR which I acquired at the trustee sale at the Pinal County Courthouse.

Online EFT would be great, but I'm sure there's some old people that wont do that.

I start real estate investment back in 2010, my brother and I bought a triplex and then I bought another one in 2013.

But I have done my due diligence in checking online their authenticity, as of now it seems to check out.