I have a lot of information I am trying to get about this property to make sure I have a smooth transition.Also, how are you receiving the rents?  

After a few smooth deals they will consider <20%. 

Part of what results in a very smooth closing for the seller is not having to dedicate as much weekend time to being gone during open houses, and a bit of leeway on the time that they are allowed to stay in a property after the closing takes place.

If it was smooth sailing and making $$, a majority of landlords wouldn't be selling it.... so a LOT of inheritied tenants are a huge PITA....not all....but a lot....

You have taken the right steps to help smooth out the AC problem.

I promised a smooth transaction in exchange for a lower price.

The reality is that it will be 10yrs+ but once you get there it will be smooth sailing and everything you dreamed of.Just think about the sheer number of deals you have to do and find and have everything go perfectly.  

Thank you for your support.In the future, i will accept only cashier check or money order for security deposit and first rent.It is my first time eviction tenant.Everything is new and stressful.But I hired lawyer; hope everything is going smooth and well.

The inspector made me pretty nervous but everything is going smoothly so far.

The accrual method of accounting helps smooth income and expenses out and provides a clearer picture of how your business is doing, which makes it easier for you to come up with processes to improve it.