We have contracts, policies and procedures in place that demonstrate this.I appreciate your mentioning this though, as it gives me an idea of something to add to my final report ...

Everything else is just simple paperwork and procedure.

On October 27, 2017, the eCHECKit Trustee filed in the Bankruptcy Court anEmergency Motion Relating to Debtor's Frozen Account Held By Check Commerce and For Procedures to Prevent the Continued Post-Petition Depletion of the Funds in this Account [Doc.No. 19] ("Returned ACH Transactions Motion").3.

Hard to say without transparency (which they lack) what exactly is causing the cash flow problem, but the standard operating procedure is to lock up everyone and orderly unwind so as to avoid being forced to fire sale all assets.Good luck and keep us posted...

Would you allow me to see your operations procedure manual or file?  

It’s always good to have a rental selection criteria up front posted that outlines your procedures and processes.

At this point it would be wise to look at your lease, screening procedure, and policies...as it appears there was not a proper meeting of the minds when the rental relationship was started.

(We hear this complaint often.)Another thing lacking is the failure to understand a client's needs and goals.Last but not least, most providers we know of, talk to, and work with, lack a clearly defined written set of procedures and systems.Continued success!

My recommendation is that you require all tenants to sign estoppels prior to closing.An estoppel is a simple document that outlines the basic lease information so that everyone is on the same page before closing:Tenant names and contact infoMove in dateMonth to month or annual lease (with expiration date if annual)Rent amountSecurity deposit held by current landlordLast month rent held by current landlordAny delinquent/missed paymentsAny other agreements between landlord and tenant (for example, the refrigerator was purchased by the tenant and is his/her property)If the seller refuses to provide this for you, and will not provide leases either, then my personal experience is that you are probably going to inherit some problem tenants after closing, and you could be leaving yourself in a difficult position - that is, having to deal with multiple evictions, or worse, unlawful detainer actions (the procedure necessary to remove a person from a property when there is no lease on record, the person is essentially a "guest" in the property).You need to decide if the deal is good enough to take on this risk. it could still be an excellent deal, you just need to be prepared for some management issues at the outset - good luck!

I was sued one time by a guy claiming we took his flat screen etc - even though we had pictures and full inventory and proper procedures for all of the rest of his belongings.