Seller Wants 30 Days Possession After Close

[Richard Queen]

I'm purchasing a single-family house for a rental unit using a real-estate agent through the MLS. The seller refuses to give possession at close citing he has too much risk if financing falls through and he's all packed to leave. He wants 30 days after close to move out and my real estate agent is saying it is "normal" in this market. Seems like I'm carrying a lot of risk with zero recourse for any property damage. Agent says asking him to pay rent is "not typically done".

I currently have 7 other rental units but they've all been purchased FSBO or other types of deals - this is the first through an agent on the MLS. Chances are it would turn out fine but I am concerned about the risk and it also delays me putting a renter in for another month.

What have people seen in other markets?  Is this typical?  Are there things I should ask for?  I'm in eastern KY.  Thanks!