If you violate this, I believe the fine is in the order of $10,000So in the event you have a tenant who files for BK, you will need an attorney to file a motion called a lift of stay. 

maybe tell the tenant to buy a dehumidifier? 

What a great site to connect us REI's and tons of useful information that already has been put in motion. 

Repeat the motions above if you get to a website that needs the flash player.  

Run the numbers and read all you can on the financial side and make sure the numbers work for you...Also, keep in mind:The rents can creep up over time Your property generally appreciates over timeYour debt decreases (as the tenant pays off the mortgage)And if you get a decent property and manage it well, you can keep costs in check.So you see the slow motion magic formula at work--rents going up, property value going up and debt going down....Maybe let's get in the DeLorean and time travel--set the dial for ten years ahead Doc!

But since when does hope dictate an outcome of events already in motion?

It's all about the financing/laws, the single family moves in a slow motion wave whereas other things can be changed overnight.  

Wipe surface with TSP (1/4 handfull in 1 gallon bucket 3/4 filled water) using cotton rags (real cotton, not the non-absorbent stretchy stuff.)Dab latex (paintable) caulk or toothpaste into nail holes with finger (very tiny amount to just slightly fill the hole) wipe with dry finger, palm of hand or rag.When dry if there's still a sheen when viewed at angle then lightly "scuff-up" surface with 400 or 600 grit sandpaper wrapped around a 1x3x6" sanding block in long vertical sweeping motions.

Go through the motions of eviction and cancel once he pays up.

On top of it we have kind of stalled on the financing aspect feeling like its a joke to keep going with the motions of doing that when we are questioning purchasing.