Standard procedure is for the seller to sign an affidavit stating there at no outstanding debts, potential liens, etc.  

There are a bunch of laws and procedures that he needs to know and just starting out no doubt he will be "learning" on your house.  

More likely is that once the home is abandoned, then the abandoned home procedure for the state takes over and the park owner can eventually take ownership of the home but there are precise steps they must follow.I have a guide called, "So you want to build an RV Park" which covers more details of the benefits of building vs. buying.  

He has stated their usual procedure is they can guarantee me a profit of $10,000 per $100,000 spent.

Don't know IL laws and procedures, and I'm guessing you don't either.

I have personally introduce myself to the tenant, explained the new payment procedure (electronic only), provided and my contact info. 

Most investors managing their own Rentals get into trouble because they have weak lease agreements and no procedures for handling problems.

Be sure to verify their employment and rental history and follow the same screening procedures for every prospective tenant.From our entire team, we wish you an incredibly successful future.

My standard procedure is to provide a copy to the tenant upon move in.

What is their procedure and how do they proceed?