Is most areas, this will determine who (Marshalls Office or Sheriffs Office) will handle the situation when it comes to the eviction.Some squatters know their rights and how to finesse the legal system so be ready for that.

I went to Google and searched for "New Jersey purchase agreement" and came up with a lot of options, including the official REALTOR contract.

.- Getting under contract and then reducing the price because of findings is common, but major reductions are likely to tick off the seller unless you have strong justification.

If you actaully put the property under contract, the cost associated with that porpety can be taken as captial loss.Replacing countertop could also be repair.

Is the mentor going to actually walk the deal with you, negotiate contracts with contractors, etc with you?

this is an old old program I had clients of mine doing this in Detroit back in the GFC they would buy a house 1 to 2k sell it on contract for 20 to 30k..

There is much to learn: pricing, marketing, screening, contract law, lease enforcement, late/unpaid rent, property abandonment, squatters, maintenance, tenant neglect or abuse, communication, and 417 other things.Buying a decent property but not managing it well can impact your finances, marriage, sanity, physical health, and desire to invest.

You can (delicately) begin talking to these tenants now that you're in contract.

I can legally deny them or other business.

I am working on my RE license for VA and see some gov contracts where JLL "is the Commonwealth’s contracted real estate broker for current real estate services, including with respect to the acquisition or lease of real property and the disposition of surplus real property."