Also, I put a liquidated damages clause in contracts as well, with EMD no more than 100 bucks.How would the "partner" contingency hold up in court?

He was told he could go ahead and file a civil suit, but that it would be thrown out in court.

So true @Jay Hinrichs - after real estate investing the past twenty years - doing commercial, residential, land development, SFR and multifamily rentals - and especially flipping distressed properties (by buying at the auctions - site unseen sometimes - or forming "partnerships" on the court house steps) - you and I have seen about everything!

No matter how many disclosures you as an investor make in a tenant buyer situation, the courts & juries will heavily favor them when push comes to shove if something goes awry i.e. a lender calling the loan due.If you can make it work as a flip, holding it yourself as a rental, or selling it to an investor who will hold it as an investment would be my preference.

Listen to the podcasts and utilize the keyword function for additional assistance.

I'm constant contact with the tenant via text and the tenant has an excuse everyday for the past week. everyday I'm told wait until tomorrow morning, in the morning I'm told I will bring it at night etc.Today I filed a complaint in court but it will take 3-4 weeks for a hearing.My question here is:Can I still evict the tenant or end the lease since almost each month the rent is late?

Reserves are typically a function of age and condition of the units.

The illegal addition off of the garage will have to be demolished and reconverted into a functioning garage.The positive part of the conversation is that he said it should take less than two weeks for permits once plans are turned into the city.

Just spent the past 2 hrs going through the search function ready on previous threads and there seems to be a lot of doom and gloom for investors in the area.

In my state I can search judgements, the land records, and court cases online.