If its rejected, its terminated and the landlord can demand possession.

He just took possession this spring, which is only a few years later.

So get it back on the MLS the same day you take possession.

In coming months I am taking possession of a triplex with the intent to use the BRRRR strategy. 2 of the 3 units will undergo kitchen and bathroom renovations.

File, hearing in 12 days, can file for possession in 11 days after, typically 11/12 days until they have to be out.

The landlord may make a deduction from the tenant’s security deposit to repair a defect or correct a condition: that was identified in the inspection statement and that the tenant did not repair or correct; or, that occurred after the initial inspection; or that was not identified during the initial inspection due to the presence of the tenant’s possessions.

(I am aware of out bid process and $750 or 5% cash deposit) (I am only concerned strictly from getting the property in my possession...not concerned about house condition, tenants..cash for keys...etc)Just looking for guidance on actually obtaining the house.Thanks in advance

I'm also new to real estate investing - guess I should mention that too.I'm looking for the following Kentucky-approved forms, should anyone be willing to share from their library, I would be very appreciative:Letter of IntentionGeneral ReleaseSeller's AcknowledgementsLease Agreement with Option to Purchase Real EstateOption to Purchase Real Estate AgreementNotice of Real Estate Option AgreementStandard Purchase and Sales AgreementReal Property Possession and Lease AgreementReal Estate Purchase Option AgreementAssignment AgreementLease RiderThanks in advance.Tim

Generally speaking, you can file on the 22nd of the month (if rent is due on the 1st and the five day demand was mailed on the 16th).The court hearing is scheduled 9 days after, so depending on the number of days in the month, it's usually scheduled on one of the first couple of days of the following month.If they fail to appear, you can easily get a judgement for money due and possession the day of court. 

No need for the money to sit in your bank account  Does the note need to go anywhere other than a copy in his possession and one in my possession?