I’ve delivered prelims to my capital partners before we submitted a loan application.

So if you have a devastating lawsuit that result in shutting down the operation entity, you can start again fresh with a new one, keeping the same brand and even the same building if needed. 

I just closed on in May where the Sheriff was telling me, they would not deliver the deed until 15 days after they received the funds to allow it to clear.

As I am fresh out of college (and I stayed local for it) I am new to even the simple aspects of home/property buying hence why I wound up here. 

Positives of lake, fresh water, no hurricanes! 

I added central A/C and and additional bathroom besides the general rehab to make it fresh and attractive to tenants.

What I'm not prepared for is the house was freshly rehabbed, and I fear that when they either move out or are forcefully removed, that the house will be in less than desirable condition, or require repairs that I otherwise shouldn't have to do, with no rent money to pay for it.

We just put a fresh coat of paint.

I understand the ethics behind trying to sell a contract while making sure you deliver the service as promised to the seller.

As long as the property has a fresh coat of paint, that's what most renters and buyers care about.