If it's more than that, you can take them to small claims court for little cost and with little effort.

If the foundation is solid, the electrical passes code, the roof has life left, the plumbing is functioning - that's the heavy (and costly) lifting. 

I converted the floorplan into a more functional layout and updated everything.

I just want to make sure that by law it is totally fine, if they cannot claim that they still live there and the only way to lock out would be through court thank you

When you first get started, the $125 a month probably doesn’t function as well- as a single repair may be $600-$1,000 on occasion, but as you grow your portfolio, the combined maintenance funds will cover the majority of your basic monthly repairs.  

CPAs are licensed professionals who are highly regulated and are experts in tax filing, not necessarily 1031 exchanges, which is more of a real estate attorney function.

It looks functional.

If there was damages the only way to get reimbursed is asking the former owners or going to court.

We have a few pivot plans to rent it out long term to some people, and/or mix and match to fill up rooms if the MTR doesn't seems to function as well as we planned.

Wholesalers, real estate agents, and contractors can be good plugs for off-market deals.Alternatively, you can drive around neighborhoods to manually search for deals, send out direct mail solicitations, attend real estate auctions, or browse court records, where you can find distressed or foreclosed properties.