More to the point of your post, the agreement of sale should have language detailing precisely how the escrow funds are released to buyer or seller.

I can do this as I manage over 60 units and it makes the most sense, and I beat the market every month.If I had 1-5 units, I would like use PriceLabs (or Beyond Pricing) and use their base tech as well as manually checking things at minimum weekly.

The property value must be a minimum of $250,000 USD, and the credit score requirement is at least 700 points, among other conditions.

.- Tell them they'll have to provide you with a copy of their renter's insurance naming you as additional named insured, with a minimum of (I use $300,000) liability insurance, also before they move into the unit.It's not perfect, but it's a start toward a tenant transparency.

The setback requirements to build in my county require 80' minimum wide street frontage per this neighborhood zoning.

If you do not have a loan you would be very foolish to not have substantial liability insurance at a minimum.

Sometimes, properties owned by non-profits have deed restrictions, zoning conditions, or agreements tied to their use.Tax Considerations: Non-profits often hold tax-exempt status, so you’ll need to ensure that taxes are assessed correctly once ownership transfers to you.Potential Public or Internal Scrutiny: If the transaction appears to undervalue the property or is perceived as exploiting a non-profit’s resources, it could lead to reputational risks for you or the organization.

We don't have a loan minimum or purchase price minimum, so purchase price is up to you. 

@Nitesh Chand Does your lease agreement with these tenants include verbiage for if you sell? 

It’s humbing and frustrating, but it also teaches you those guardrails you’ll want next time.. like thorough screening, a solid lease agreement that sets ground rules upfront, and maybe even setting aside a bit more cushion in reserves.Chicago’s got plenty of investor-friendly pockets.