So, if come closing it was not vacant, the parties could negotiate something such as a price reduction for taking on the headache of eviction or the buyer could terminate the agreement for nonperformance and get the EMD back.

We have an LLC that is registered through a third party designee. 

As page 1 of the lease states- "This form lease is provided as a member service by the Chicago Association of REALTORS and is restricted to use only by MEMBERS of the Chicago Association of REALTORS and those who are party to a transaction facilitated by a Chicago Association of REALTORS member."

This interested party is a single mom with a toddler.

HUD is not a party to your lease agreement.

I would want a PM that was a true boots on the ground PM company with their employees, their maintenance teams/trucks (this saves you a lot in 3rd party maintenance).   

When we exercise this option thinking that there may be something significantly different we bring a 3rd party inspector.It may be too late to exercise this option but....

He did recoupe what he invested luckily but I suddenly realized their system relies on the buy ins of both parties which means if you have to deal with shady contractors, thats just how its going to be.

We also 3rd party manage in the Orlando area."

Capital RaiseHaving a KP on the teamProperty walkthroughBuilding a plan for the 3rd party management company to run Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?