So I posted this in reddit but got slim to none responses and figured I should post it where the experts live.

We have had zero issues finding solid renters.

Whether you want to collect it from applicants and be responsible for protecting it...

And who has responsibility for what.Even if you go the Lawyer route, they will insist on getting a surveyor anyway.

Thank you for the response and glad to see there are a few of us out here.

With an annual output of $132 billion and a heavy concentration of Fortune 500 companies, the city is seeing continuous economic growth.

The draw back to these loans is that they are more paperwork heavy than the other "portfolio" types of loans....but if you have ever received a loan on your primary home, it's likely that you will go through the same type of paperwork here with conventional lending.

Regarding availability of a realtor your working with you need to set expectations up front as to when to communicate with them and typical response times.

You could ask for a concession from seller in the form of $X to cover the cost of eviction and vacancy resulting from a non-paying tenant.I would not get them to start the eviction process unless you intend to wait to close until that's done (which could be a while).If the deal is solid and has good cash flow with market rents then buy the property and then undertake the eviction.

That is solid advice!