The only condition on raising money from these people would be a "risk acknowledgement form" is signed by them before hand.

Acknowledge and accept that your lack of attention to the property made the problem bigger and try to work out a deal with the tenant.

Last but not least she acknowledged in writing that she is on a month to month lease.Suffice to say this doesn’t impress me as the new owner and she’ll be getting a three day notice posted on her door on Saturday if she doesn’t have the entire $650 by end of day tommorow.I say all this because you have verbal info from your (about to be) tenants but you want something written so they can’t come back to you later and claim something different.

@Kevin Siedlecki Hi Kevin thank you for acknowledging my question I just posted a breakdown of how I did it let me know your thoughts.

Whether or not she signs the lease, the rent increase would still be valid since you provided proper notice for that and there's no requirement that she acknowledge it. 

The title company attorney represents the title company and you will sign a document specifically acknowledging that they did NOT represent you and your interests in the deal.

Sarah Tanner I don't have any advice about what you could do in this situation but I did want to acknowledge that you are feeling pain relating to it.

Thus, if the buyer has agreed to pay a total of $200k for the home and the loan is $100k, the seller acknowledges that the cash-out will be $100k to them once the final transfer is executed.Execution of the above deal can take a few forms:CASH: Most of the deals I see are straight cash - i.e., the buyer takes over the payments for the existing mortgage (which in this environment will likely be 1-3 percentage points lower than you can get for an investment loan) and pays the seller $100,000 in cash to the seller (the difference between the purchase price and the loan balance). 

I have only recently become aware of this situation, and my friend has acknowledged the fact that he has created this problem by not using a written lease from the beginning, and by allowing this to go on as long as it has. 

The mere fact you know about his/her professional capacity acknowledges a disclosure has been made as to licensing.Acting in the capacity of a principal the landlord can communicate with the prospective tenant without a requirement to communicate with either his/her broker or the tenants broker.However, the landlord is subject to conforming to listing and commission agreements.