Landlord is supposed to make a reasonable effort to find a new tenant as soon possible and the tenant is not needed to pay rent once you find a tenant.Here is an link that might help.http://www.nolo.com/legal-encyclopedia/tenants-rig...

Yes they are practically giving away these cookie cutters new construction for low prices.

So, the buyer will end up having a lot of competition from fellow buyers who all own the same cookie cutter condo.

And it sounds like similar to your town, that building's age is the norm and the young professionals aren't racing to live in the cookie cutter homes 20 minutes of town.  

I'm glad I didn't, as I'm sure he would have feebly blamed the credit industry for their "rigged system" just like you have in your post.This is a great lesson because applicants and tenants alike will attempt to emotionally appeal to the landlord to rationalize a red flag on an application or a late rent payment.

@Cutter Davidcontracts don't need to be notarized.

I currently work in sales in the oil/gas industry (I know, I know - it's a controversial industry, but it's been good to me), which I started out of college 14 years ago, starting working on the drilling rigs and working my way up.

To get started, if you are in that 35k - 50k capital starting range, you need a nice cookie cutter deal for a few reasons. 

I should clarify...that is your basic cookie cutter spec house in Pac NW. 

I feel that I already have an edge against the cookie cutter agent.