Past that you are at the mercy of the seller taking your E/M and walking...most wont because its a PIA to remarket and sell, the agent will be pushing to get it closed for the commission, but if you have a real deal and someone comes along with cash you could end up getting shafted.If your seller will play ball you can do things like L/O it for 30 days or something to get utitlities switched and tenants in. 

Talk to an attorney who creates LLCs re what he/she's seen in 2 party real estate partnerships.Just my experience and what I'd do going forward, having the luxury of not NEEDING more income or hassel and certainly not being tied to potential PIA partners.- I have the deal, I dictate the terms, period

They are PIA's and you should have raised rent 3 x to compensate for calls.

Evictions/squatters are a PIA and a happy tenant leaving is always best IMO.

-I’ve tried to raise rent to market on tenants in past RE purchases and it’s always been a PIA and they move anyway.

I would like to hear from other landlords on how they have handled PIA tenants.The tenants moved in only 2 weeks after the lease began as they had time left in their old place.

We also care about how long they are likely to stay (by history and intentions), whether there is any indication they will be a PIA, and pets or others moving in with them.

You still need to verify NO rent ristrictions etc.Similar hassels for houses in swim and tennis HOAs they can also be a PIA when your tenant doesn't follow the HOA rules.   

I actually called her to find out if the pool was a PIA because we were buying a home with a pool in Florida.

I did that on another property and it was a PIA to transfer title into LLC name.