However, he still retains liability on the mortgage.  

So if sued, a person could go after it's retained earnings.

Under Alabama law, you must retain personal property on the premises for 14 days after lease termination before disposing of it.

If they decide not to sign lease then I  will retain a daily prorated portion to compensate for money lost plus may $50 for inconvenience.If I do this, I will definitely have them sign a Receit and Holding Deposit Agreement.

Then, ~2/3 to sponsor, ~1/3 to LPTerm Sponsor and LP exit option via buy/sell Targeted holding period typically 3 - 5 years, flexibility for longer hold periodsCovenants Approval on all major decisionsTransfer rights under mortgageRight to retain participation interest if repaid via refinance Cheers!

Get a second once finished and pay off while retaining the 1st position.Cheers!

So he's asking if I want to move forward with the eviction process, which will require $750 retainer for the attorney.My priority right now is to sell the property.

My challenge has been retaining reliable teams for repairs and maintenance.

Just keep in mind, not every real estate deal with be conducive to the BRRRR so this strategy relies a lot more on due diligence and running the numbers correctly to ensure that once you do refinance, you not only pull equity out but can still retain a cash flowing property. 

Many Associations or Condo's do not permit individual owners to undertake these efforts themselves and instead retain counsel on behalf of the building/subdivision at large to fight these ever increasing liabilities.If and when you decide to invest in Illinois, I would suggest reaching out to a local lawyer who handles these matters to determine if relief is possible.