You CAN'T rob the person of their possession, you CAN"T coerce them to give it up against their will, you CAN'T willfully deceive them (lie to owner of a gold jewelry that you are an expert in jewelry and that their item is made of cheap metal, and etc.).

As a renewal, tenant already has possession, and had possession, before I purchased the building. 

Anyway, the major "con" for me is that low income properties will possess more headaches w/ evictions and maintenance.

But you're never actually in possession of the house.I would really like to see the contract you use so I could better absorb the structure of the entire deal.

Even if you don't have keys you can still take possession back.

Investors, homeowners and mortgage brokers found committing occupancy fraud possess a few basic commonalities;Homeowners who claimed OO when in fact it was intended as a rental occupied by a tenant from the start.Homeowners who claim OO but instead have a family member occupy the residence in their place.Investors who claim OO to get lower rates when in fact they have a primary residence elsewhere.Mortgage brokers who falsify records in order to obtain loan approval from the lender.You claimed I have "publicly admitted to committing fraud."

I'm not sure how the courts work in your state, but in my state, I can get a money judgment and possession judgment at the same court hearing.

In spite of this, once again YOU have the responsibility to accept or reject the premises prior to taking possession.

You could also do a purchase contract, possession prior to closing, go in and work, if you need permits he will need to get them.

Depends on how long the fence has been there, it might qualify for the "Adverse Possession" or "Squatter's Right" laws.