However, I would mostly have PM handle the property for me since I'm working full time and travel internationally often.

Internally (though they very rarely list it) they have a "reserve price" that needs to be met during the bidding period before they accept a bid amount. 

It is a medical office, built in early 70's, internally remodeled in mid 2000's and now this year built a a garage and did the EFIS.  

Not only will the local health department use the full weight of the law but there is federal and international health codes that no contract can supersede.

Best you can do is start the eviction process, maybe that will spur the caseworker once a court order comes down the line to the tenant.It's been a while, but if I remember right if a section 8 tenant gets evicted, they lose the voucher program for 3 or 5 years, likely create a lot of internal issues for the case worker.

(Note: financing is not an operating expense)Cap rate is: IRR - Internal rate of return, This is the return on investment you get for whatever period of time the money is invested.

I used to focus on internationals buying in the US.

You use Cap Rates to figure out which Investment is better than the other.Eventually, if you go further, you wind up learning Internal Rate of Return (IRR), which really helps you completely understand your investments over the next 10 years.Hopefully this helps.

We've got one a few miles from here where the internal streets all have their own names.

LOLI just call them distressed buyers,value-add buyers etc.It's my own internally lingo floating around in my brain..........................If you are a broker or agent giving credits back you can protect yourself.If they are selling say a 200k house and want a deal say you are rebating half the commission back.You could do it this way.