I responded by telling him that this was a very un-professional practice which he replied " wouldn't you do the same"....

We are chomping at the bit, but you are right we need to make sure we take a practical approach to this.

So I'm very new to this and I'm just practicing analysis on some multi-family properties I come across with no intention to buy...yet ;).

One more question: What's a general start-to-finish timeline for starting a course a then obtaining your license and being able to legally practice as a salesperson/broker?

From what I understand, best practice in Chicago (which has an extremely pro-tenant system of laws) is to have the tenant sign an acknowledgement saying that the Lessor has disclosed any code violations.

Figure out what lease options are practical for you given your resources and offer those, ie, if it's not practical for you to offer a build-to-suit, then don't.Like William mentioned, being comfortable looking over financials will be key in figuring out whether to lease or not.

I practice probate law in Colorado Springs and assist investors in cleaning up title issues on probate properties.

This is from practical experience and not my personal opinion.

We currently have one commercial property that we've renovated for my wife's practice with a few offices that we still need to rent.  

Richard, no seasoning is rare and usually not the best practice.