Are there any special arrangements you need to accommodate for any of the residents (transportation in general, trips for dialysis, monitoring blood sugar levels, etc.)?

This deal was arranged for our management client who wished to sell their asset quickly without having to go through the hassle of the market and without having to deal with any more rental issues.

The agreement should be done by an attorney but the Trust can be a simple two page form.Partnering with family can cause long term emotional stress, if your agreement is written, signed, notarized you will avoid fights, as this is a business arrangement.

@Josh Haney I believe the legal/compliance piece is fairly well covered by those who already commented I completely agree that it's important to retain legal counsel to assist with drafting and also loop in an accountant to confirm structure is arranged with tax efficiency in mind. 

Are there any verbal agreements or arrangements between the current Landlord and Tenant?

or like reaching out to unions that may do housing arrangements?

He had made an arrangement with them giving them free months of December & January so they can move out on February 9th. 

Slow down , I would first cover your own living arrangements and buy your first property .

Even without these characteristics, in the early days of Auben we tried to copy the multifamily showing techniques and design a personalized resident viewing experience.Prior to the invention of electronic self-showing lockboxes, we scheduled and arranged personal tours of our homes in a very analog process.

It’s a reasonable arrangement as the LPs put up most of the cash and the GPs do all the work in addition to signing on the loan.