They expire X years after being entered and they accrue interest at Y% per annum (with X and Y differing per local law).

If you're saying such clauses are against public policy or against local law that is a different argument.

Do you know the fair housing and tenant laws?

get familiar with Chicago’s tenant laws.

Second-to go along with that,  I would triple check your landlord laws and/or speak to an attorney before you, yourself, enter the apartment without the tenant there.

Don't forget to educate yourself in finance, law and marketing.

Disclaimer, I don't know New York law, so you will need to talk to a New York licensed attorney if you get serious about going forward. 

But as I stated this is no 2010.. this is a new day.. the big wholesalers that provided inventory to my turn key company I was funding in Orlando or instance they are out of business.. so it the turn key provider.. simply not enough inventory for that model to work.now to be fare they are real estate brokers which in most instance the law demands.. and so they just switched to  traditional real estatethis is why wholesaling as taught by guru's can be a dead end street.. once it peters out like now.. what do you do?? 

Unless that's a state specific law or something?

This jist of the rules are no mixing with disqualified parties, which essentially mean linear relatives: parents, grand parents, kids, kids in law, grand kids.