(third sort here, these are the folks you want to know).LMGTFY on the license requirements, etc. 

Sorry I'm a little late to the welcoming party.

It's a good lease, but the best part is that a good eviction attorney, (Gary in this case), wrote it and knows how to use it to your advantage.

The hardest part is making the first million.

Go crazy, one year we made cards for a Halloween party with things on them like "do the chicken dance, make an orgasm noise, take a shot, give someone a hickie" and we shuffled them up and handed them out at the door. the throughout the night you could give the card you were given to anyone at the party and they had to do whatever it said on it right then and there no matter where we were (you can also just put all the cards in a hat and make people draw them throughout the night since you're the birthday boy).

Expect high turnover, partying, high summer vacancies, etc.  

A third of that maybe. 

I'm late to the party, but I just wanted to say congratulations!

Third, I would let the guy know that stealing utilities is a crime (everywhere I know of in the US) and any further attempt at doing so you will simply contact the utility company, who can get a citation or arrest issued to the guy. 

Assuming the note of the senior lienholder is a typical institutional note with a due on sale clause:Can the senior lienholder accelerate a loan when a 3rd party obtains title by means of a trustee sale of a junior lien?