If Lessee default on the lease, they have 7 days to remove their personal belongings inside the premise or the Lessor will take possession of their belongings (furniture and decors) Then the rest is pretty much the same as a residential lease.

I'm willing to help this person in any way I can.

I’ve personally gutted and rehabbed three of my own houses, and for the last three years, I’ve been hands-on managing my own rental properties.

Personally I’ve got 1 tenant in my 8 unit building that occasionally complains that the water isn’t hot.

“AGE”transition-  ag, indust, inform, and now to me Entertainment.  8.  

As such, the risk of this going south is VERY LOW even in a real estate down turn, and thus I am willing to be a personal guarantee if needed.Glad to hear that this is possible.

I do have an agent I know personally but she's only in the area at certain times of the year.Section 8 would be better than nothing.

He knew the person selling this property and asked if we were interested.

I highly suggest as many in-person networking events as possible! 

I personally have found an abundance of deals where older landlords no longer wish to own but do not want to pay the capital gains tax.