If you possess the knowledge to know what to look for with electrical wiring, how to inspect a roof, how to look at plumbing, determine where there are issues with the property: in depth, and if you've done multiple apartment complex deals already and seen an inspection unfold then I would say you don't need to.

Threatening her to pay the rest of the lease may create more issues, since she still has possession of your unit.

Unless you want to give him a seller closing funds that equal the SD then I would listen to the folks above and require the Title company to make sure he releases that at closing.Once you have possession of the property you can always request the tenants to sign one of your leases that you use and make it M2M so you can boot em whenever you feel the need.

We used an FHA loan so our total out of pocket to take possession of the property was in the neighborhood of $5500 including the home inspections for the total purchase price of 125,000.

Trust me, getting possession back is almost more important than the balance owed.

Give the tenants a firm date that their possessions must be removed.

Once our offers are except and we have taken possession of the property, we will begin the process we came up with on the scope of work outlined when we determined our max offer price.

Is there any chance they will come back and take possession of the property?

He does have a notarized DT in his possession that he has yet to record.

Good point Marcia as to occupant.An occupant is any party in occupancy or possession, may or may not be a tenant or lease named in any lease or rental agreement.As to limiting occupancy, this can get touchy as a tenant has rights of quiet enjoyment, the right of use and the definition of family may include unmarried or same sex members.