@Yashar E.Some outlines for other looking at this experience become very clear:1.

Ok guys I need some insight before I go insane ..On my personal  residence I recently did a construction loan for a large addition and had a lot of work done .the contractor has been paid through the bank on five different draws according to what he’s done he’s a small outfit so we’ve been very lenient and the inspector from the bank seem to be as well because he ( contractor) would not always complete the work in the draw outline .

Make sure you are following the proper procedures that are outlined by state law and make sure you aren't violating their current lease.

Or, anyone with experience near these areas outlined or similar neighborhoods.Thank you,Ryan

For the curious folks on this thread: I  wrote a ranty two-part post a while back, outlining the big-bank double-deeding process, in detail.

It all depends on how your contract is written, if you’ve allowed any loop holes or didn’t outline in writing BEFORE they signed the lease then you need proper guidance on how to protect your assets to get out of the contract.I will say that if they started off lying then it comes way to easy for them.

Your state law should outline a process for how to take the property back if its truly abandoned, but this sounds more like it will have to become an eviction.

BiggerPockets also has a "Tools" tab above, hover your cursor over it and click "FilePlace"... here they have templates and documents that you might be able to search through and find what you're looking for.Once you have the LOI (otherwise known as an offer binder, offer sheet, deal sheet, etc), all you have to do is outline the terms of your offer: Proposed purchase price; deposit amount; total down payment; method of payment (cash, mortgage); contingencies (inspection, appraisal, etc); proposed contract date; proposed closing date and anything else outlined on the form or anything else you'd like to include. 

I have my LLC set up, a rough outline business plan and will be joining my local REI but as far a taking the plunge I'm suffering from the infamous "analysis paralysis" when it comes to finding deals and making things happen.

I usually offer with a letter of intent that outlines 3 scenarios.Dear Seller, I would like to express my sincere interest in purchasing your rental house on x street.