However, in rare situations such as foreclosure or a struggling owner that can keep their electric on it can be a concern that could shut down rentals to a cabin for a somewhat short duration until it can be resolved.

Considering reducing capital gains, probate duration.

I'm relatively new at this type of transaction so I don't know what an "MLO" is, either.What if the duration I have in the contract that allows me to walk away, say after 14 business days, if the deal doesn't go through expires?

Everything is about fact collecting info on job duration, income, previous landlord contact etc.The true art, if there is such a thing, in screening and selecting a good tenant is to never allow yourself to compromise.

You will pay your own taxes and insurance for the duration of the contract. please leave your name and number and will call you back by evening.

They are not getting long fixed term duration funding. 

You run that risk for the duration of the loan.

@Jessica ZolotorofeOwner has to occupy unit within six i months, the duration of the occupancy isnt specified.CHAPTER 20: WRONGFUL EVICTIONS FROM RESIDENTIAL RENTAL PREMISES46A:20-1.

I pointed out that the ones who are contesting can also be identified simply by looking at the year in which the lawsuit was filed; those more than a year or two old have been contested somewhat, and the older the case the more it is likely to have been contested; therefore more likely to be occupants difficult to remove.Cash for keys is almost always the smartest approach; the duration for the ejectment lawsuit will be a minimum of several months, and could be years with the occupants who are fighters.

We had the lawyer send out a letter stating that the rents were obviously lower and we asked estoppel letters and for a credit for the rent difference for the duration of the 12 month lease (rather than renegotiate purchase price).