Every investor should read it and have a copy handy to brush up on if needed.

Understanding CapEx to its fullest and not brushing it off.

The government taking a broad brush stroke to interpret vague language the way they want to doesn't cut it.

Your attorney will know what language to put in there.And finally, brush up on landlord tenant laws in your area.  

  A tenant with a sloppy paint brush can really make a mess and really damage a property.  

Not to go too far afield from the original question but this town is different from any other towns with trains because we are  our own little slice or paradise...when you throw your line in the ocean you pull out a plump tasty fish and when you scatter some seeds you grow our own special datil peppers to make a tasty hot datil sauce to brush on your tasty fish...and then throw some oysters and clams on the beach fire grill...we have oceans where you can surf and skim board and Intracoastal where you can Kayak and windsurf  and marshes where you can see pretty pink spoonbills and historic streets and buildings where you can dress like a pirate and drink rum and go argggg....when you can live here NO ONE I repeat NO ONE wants to live by the tracks...so to the original poster I say I would NOT buy anything on the railroad tracks ! 

At this point that is irrelevant, you don't need to change your brand new brushed nickel door hardware and painting a brand new, PT deck is not going to bring a buyer either.

If you were to lose signicant money on a deal and you can't just brush it off.. then you need to pay for title commitment. 

Fedrico, first thing you want to do is brush up on Ohio law to determine the eviction process and what you can and cant do in general, for your protection, lease, etc. 

It seems like I need to brush it off as a learning lesson and move on.