Is there anything else I should ask for or stipulate or is that something that you just fill when you take possession? 

The Active Agents on this platform are going to be more investor centric, and usually possess an in-depth knowledge of real estate investing.  

These days I would not want a broker in most cases to have my money in their possession.

HUD used to take possession and sell through FNMA but lately have sold some themselves. 

I would need to get a REALLY cheap seller financed mortgage, vacant possession to renovate all units and a good PP.

Once es I take possession, then I can remove the tenants and do the remodel with my own funds, and refinance when I’m done with the rehab. 

The lease should terminate in these situations because neither party can uphold their end of the contract.If the tenant still won't move out, you can probably just sue for possession instead of eviction.

I'm looking at < 1000 sqft beach houses, so it does start to feel a little cramped to live there, but the beauty of it is to get rid of all the garbage possessions we have that hold us back. 3.

The judge ruled in my favor for both possession and money due (including court costs). 

And if you keep it a couple of years before reselling, almost all resistance is gone.The only reason you care about “buyer resistance” is that the buyer may not buy solely because he thinks you’re earning too much money.You would ideally like to deal from a position of strength.The least strong position is being a broker in a real estate deal and not possessing a real estate broker license.