I'm happy to say that my wife and I just had our offer accepted on our first 2 unit. 

We use National Tenant Network (NTN) to vet all renters because it does all of that and gives them a 0-100 score and will weigh their income against the rent price and tell you if they recommend accepting.

My suggestion, before spending a bunch of time on talking with lawyers (and money) maybe find your partners and develop the structure that would be acceptable for all the parties involved.  

We told the realtor that if they wanted to stay we wouldnt mind but we would be increasing rents to 2100 (seller has stated they never had an issue with the tenant, so id gladly rent under market price for a good tenant).We haven't written a contract but they verbally accepted the offer.

He’s spread thin so I have learned to accept this and work within his time frames.

Asking price was $69,000 and we offered $65,000 cash and they accepted.

Asking price was $69,000 and we offered $65,000 cash and they accepted.

Also I wish to read if there are any books I can read related to selling a property.Thanks As a licensed realtor, I will advise you that the seller always has the final say when it comes to pricing terms and accepting offers.

Assigning an appraisal does not mean an appraiser has accepted the job.  

How do you accept written communications from your tenants?