I am saying that because we might end up renting the property down the road, and I feel like it would definitely prevent the property from being lucrative.Thanks for the help guys.

But when there is a problem you are not their customer and they have very tall walls that you cannot get through.What did I learn: Until the deed is recorded there is nothing that prevents someone from recording a lien on the property against the previous owner and your owner's title policy may not (probably will not) cover it.I will use my own title company in the future.

Locks should be rekeyed after a change in tenant to prevent unauthorized access.

Really, there is no way of preventing them from smoking, getting pets, or moving more people in.

They do have some on-line learning resources as I recall, also.Personally, I am affiliated with another REI education group and I am as BIG a proponent of "learn it before you try to do it" as anyone would be in any other field of endeavor, such as plumbing, carpentry, concrete, electrical work, culinary arts, tonsorial arts, etc.Here's how -I- measure the value of paid education: if paying whatever they're asking up front keeps you from losing 2- to 5-times or more that amount due to mistakes in a deal or structuring your business entities, was it worth it to get educated and prevent costly mistakes?...

This is done to prevent anyone from recording a 2nd against the property. 

.)- Lawyer specializing in landlord tenant law (again you can use your landlord association and get familiar with local laws for bad debt collection, evictions etc)- Police department, do they have community outreach programs that you can join to decrease chances of crime (Cameras and lights are great, but prevention is best!)

If you are personally handling the property and do something found to be negligent an LLC will not prevent you from loosing a lawsuit.

If you intend to occupy but are prevented due to health and safety issues, that's ok.

If seller backs out your remedy is filing a lis pendens, preventing he/she from selling to anyone.