The latter implies regular turnover unless there's a story like recent renovation.I would also talk to the tenants before you buy the property.

You can search by state and it will list the exact procedure for that state.As for the forms, in most cases, you will need to find those online yourself.However, generally, a Notice to Pay or Quit is what it implies: non-payment of rent.

-Hadn't heard anything as far as an extension as of this morning-Realtor calls frantically this morning implying seller doesn't want to extend... again...

That implies logic will be overruled by emotion.

I wasn’t trying to imply that all Turn-key companies were scams, I apologize if I came off that way.

Just to clarify, I, by no means was implying that I was not going to list it or try to hide it. 

This isn't a job they got overnight, so they're not going to QUIT overnight when my garnishement paperwork shows up.2) As #1 implies, they WORK and have a JOB with a source I can garnishee. 

And, not going into the arguments of the past with some on BP, I'm totally in the position of the IRS and SEC as to investing compared to operating.And, there is nothing wrong with being a real estate operator, it carries pretty much the same influence as investor in my opinion. in fact, operators implies a keener sense of operations to me, they are generally well versed in various aspects of dealings where the investor-landlord may not have a clue as to obtaining a zoning change to increase the value of a property.

Are you implying that legal hurdles don't exist when evicting commercial tenants and all leave the commercial property in the same condition it was rented?

You use the term "Syndication" which has a specific definition and which implies you are going into the marketplace to solicit funds from people you don't know to invite them to become investors.