You want to ensure they have adequate reserves and are conservative with the finances.  

You can't just swap out the outlets without ensuring they are wired to match.

I know you can do it yourself but it's always better to pay a couple dollars more to ensure something like this is 100% spot on correct.

If you want to ensure you are protected, simply have alyour attorney look over the purchase agreement, addendums, and disclosures before you sign.

I'm planning to pull up the porch boards to repaint and was wondering what type of waterproofing would be recommended to ensure that when I replace the insulation and drywall that it doesn't turn into it's current state in another 10 years.

But I assume you would still need separate thermostats & dedicated air venting to the ensure the level requiring the biggest demand gets it.good luck

Ensure that your tenant doesn't fall into those categories and you'll be fine. - Make sure all steps are taken to be legal.

The key is to ensure that you fully understand what the contingency says.

The security deposit is the only weapon we have to ensure they keep the place clean, so if they simply used it up with their last month, and they didn't clean or they wrecked stuff - we would be out of luck!

This needs to be done by your attorney as it can eliminate aspects of the nature of limited liability in the structure.Your liability should be to the extent of ownership in your corporation.Admitting new members to any entity requires a close look from both sides, being admitted means you accept all liabilities and contingent liabilities created prior to joining, those allowing a new partner need to ensure the party admitted can carry their share of risk.