LANDLORD INDEMNIFICATION CLAUSE IN THE EVENT OF RESIDENT DEATH OR INCAPACITATIONIn the unlikely, untimely, and unfortunate circumstances should the resident become incapacitated, suffer an unattended death, suffer a death by misadventure or other misfortune, or for any other reason be transferred to an assisted living dwelling, become incarcerated into a military, federal, or state institution, and no longer be able to physically occupy the premise or pay the agreed upon contract rent for the premises; the resident being of stable mind and sound reason at the time of the signing of the written lease contract, does hereby appoint, under the aforementioned circumstances, casualties and conditions, the undersigned executor to be authorized on the resident’s behalf to obtain access to the dwelling space from the property management for the sole purpose to declare rightful possession of the apartment’s contents and henceforth salvage and remove the entire contents the residents’ personal belongings and effects with the sole permission of the resident at the time of the signing of this written lease rental agreement.

Extend your closing dates as much as you can.4.

Let them suffer and try to do the disposition work themselves.

Im in Chicago...The house that I purchased sits next door to a house that CTA purchased to extend the Redline Train Station.

I'm mostly an open book and hope to use this forum to meet others with similar goals and maybe even develop some friendships that extend beyond real estate.I wish all of you a happy and healthy holiday season and the best of luck in 2021. 

I recommend writing an offer that extends past the eviction moratorium (which has been extended through January 2021) and that the property will be delivered without non-paying tenants. 

Also, remember that not only have the feds extended the moratorium, Pritzker will also be extending the state moratorium for at least the next few months.

  $400 is a stretch there, but if you can extend a bit or find an existing home nearby, that's a good spot.  

The second risk is, hello 2020... all vacation travel stops for an extended amount of time.

Home sales typically slow in the fall, but pent up demand due to the earlier shelter-in-place order saw the selling season extend into September.