Your buyer stays behind the scenes and just prepares to close, while you maintain the customer experience for the Seller.  

If it was my money only in the deal, and if she pays on time, gets along with the neighbors, doesn't call me to come fix every towel drying bar that comes loose from the wall - and her "hoarding" doesn't cause an insect or rodent problem, I would probably let her stay for $325 because I'm too nice and i like long term tenants even at lower rates.Maybe she would become my first Section 8 renter ever if Section 8 paid more than $325 in that area. 

If you are dealing directly with a homeowner you can search Google for a "Far Bar As Is" contract or your title company may have blank forms that they are willing to share. 

Is the someone a guy who was hammered at a bar? 

Are you also intending to  install bars on the windows when they ask.

@Dan Barli thank you!!

@Dan Barli my plan to for the 1st 5 years is to buy and hold, while saving the cash flow.

Thanks @Dan Barli for the warm welcome!

A investment of this nature only makes scenes if you can refinance based on the ARV and get all your cash back out.

@Kyle Lorenz, in addition to Jenifer's post, always check the attorney on the state bar website.