Clause and letting her bake cookies in the property, I was wondering if any of you experienced folks have interesting ideas to attract commercial tenants?

I've noticed home security cameras are attracting higher quality tenants or at least garnering a higher rental rate in my area.

If the Seller shows signs of having the same desire, they will give him the time to work it out.My main point is that communication with the existing lender is vital asap. 

Of course the clause and then subsiquent eviction is my main concern.Thanks to all who will provide their wisdom.Jason

If your main investing goal is cash flow, and you intend to hold the property "10 years to forever", you shouldn't let a potential secondary benefit prevent you from purchasing. 

However, the Denbigh area also is very attractive to military service people because of its proximity to bases.

State of Maine allows them 90 days since last time there to put a lien.

If town water, I close the main. 

My main question is, is it possible for me to have the property reassessed after a couple years and pull a loan on the equity to completely pay him off and just have bank become the only financier?

Liability insurance is necessary whether you own something personally, or in an entity, and that's where your main liability protection really stems from.