Any advice on (1) how other avoid this scenario in there lease and (2) how to proceed with the current tenant.  

Hello,We just purchased a duplex from an auction. Everything has gone smoothly so far. The closing was fast and seamless. We bought the duplex knowing they were tenants that have not been paying. One unit is occupied ...

I talked to his references, and am ready to proceed.

Please correct me if any of them are wrong:The tenants lease will continue until either a) we agree on a termination or b) she is evicted.Deportation is not de-facto grounds for eviction/lease termination (even though my lease is non-transferable).If she fails to remove her belongings or have them removed, I will have to proceed with eviction.Questions I have:Am I justified in keeping the security/damage deposit?

. - The original purchase must be well documented (assets used to purchase the home must be verified), and proceeds from the refinance must be applied toward the original source of funds. - The loan amount for the new mortgage cannot be more than what the cash the borrower used to purchase the property plus closing cost on the new mortgage.

(Primarily because I don't have anyone who likes me enough to gift an entire down payment) If I were in your shoes, I would most likely elect to sell the condo I was in and use the proceeds from the sale to purchase a multi-family property, live in one unit, and rent out the others.  

You start with conventional bank financing, on the commercial loan side, and then proceed to get Permanent (or in our banker parlance, take-out) Financing that is put in place to improve cash flow and/or to assume/sell to investors.

There is closing costs for both parties, by writing up with the as a next proceeds price, that guarantees the seller gets exactly what he wants. 

So escrow held $10,000 from the seller's proceeds until the water bill was resolved.

SUMMARY PROCEEDINGS TO RECOVER POSSESSION OF PREMISES 600.5726 Recovery of possession following forfeiture of executory contract for purchase of premises; accelerated indebtedness.