2)  Do I have enough cash to prevent loss to superior lien foreclosure?

If not, then I'd have it sprayed with some mold prevention stuff too. 

I would like to use the meters as a stick to prevent any abusive behavior from tenants.

@Neil Goradia In my experience, when a buyer or seller tries to influence the appraiser by suggesting comps or something else, it usually backfires as the appraiser then tries to err on the side caution to prevent any potential appearance that their opinion was swayed.

Thanks everyone for the help within an hour after posting this cry for help the sellers had a professional emergency response company there to get all the water up and prevent any mold with commercial grade dehumidifiers and fans.

If it prevents them from evicting, that is odd that they did that.

Nothing you can do to prevent that other than, maybe, limit how many homes you have unspoken for at any given time.To me, as a buy and hold investor in decent areas with decent schools, there isn't much risk.

Unfortunately, work has always prevented me from attending since then.

There can be lots of rules preventing sale of assets once bankruptcy is instituted.

I honestly believe that whether you use hard money to finance the project or not, you should still account for hard money; that's what ensures you have enough margin and to stay conservative.Now what happens during the project... that sometimes can't be fully prevented, even with a partner.