I would think it is the responsibility of the landlord to 1) communicate after a year lease has come up about renewing or going month to month 2) Correct me right away when I pay the same rate as we did when in our lease letting me know that I owe 10% more or need to sign another lease.  

Odds are the property may have title issues, and if you close on it you will soon be responsible for those title defects if you don't get them cleared by an attorney prior to closing.

Rarely does anyone even mention that personal responsibility plays a much larger role than any political factors.

Thanks for the response @Jay Barndt. 

Thanks in advance for your responses.

Welcome @Nicholas Norris,This website is full of resources and very knowledgeable individuals that are always willing to help.

Am I legally responsible if I rehab the house and rent it and someone gets sick?

Thank you for the response though Lucas

The way I understand it if you borrow money with your IRA as a down payment  you may be responsible for some income taxes.

Thank you all for the responses it really helps.