Keys: TENANT acknowledges receipt of the following keys: ________________________ which shall be deemed part of this agreement.      

Still, screen the tenants, get a good security deposit and make the tenants sign an acknowledgment of house rules. 

If he fails to acknowledge at the time of increase with the funds or notice to vacate; start eviction process.To me threatening with "duress" is unacceptable.

Did tenant acknowledge that owner doesn't maintain the property, only management company in the agreement?

I have heard many stories on BP and other forums about landlords who have had their NNN buildings sit empty for months and years, so while perhaps you personally don't have that issue in your area, please don't lead this poster to believe that it is impossible.The first part of my statement acknowledged that yes, if you buy right, it can be a wise investment too.Now perhaps if he chooses to work with you, as you offered early on in this stream, you can steer him to a great deal - he'd probably be wise to do that since you have gobs of experience.

I Asked for acknowledgement of the letter.

Again, you can't restrict him from entering but it will force him to knock/acknowledge his entry.Keep it all civil because he may just move back.

We gave our lease and the canceled checks to the previous owner (which she took and cashed 3 months into NOT owning the house) and the new owner (Wilmington Trust NA) never acknowledged us as landlord tenant nor occupancy and use yet we put all out rent into a separate holding account.Why the bank would not sell to us, with the funds noted, is beyond us. 

All non-borrowerowners of the business must provide a signed and dated letter acknowledging the transaction and confirmingthe borrower’s access to the business account for income-related purposes.OPTION 1 | 3RD PARTY PROFIT AND LOSS STATEMENTProvide a P&L statement prepared by a 3rd Party Tax Professional (defined as a CPA, Tax Attorney, EnrolledAgent (EA), California Tax Education Council (CTEC) or Paid Tax Professional (PTIN)) covering theperiod of bank statements provided.

I appreciate your acknowledgment of the complexity of the situation and your encouragement.Your recommendation to sell the Orlando investment property aligns with my current considerations.