Just last week the tenant got arrested in front of the house (allegedly on narcotic & gun possession) & now my client really wants them out. 

Hi Everyone,How much would you weigh things like previous: DWI/DUIs, unpaid or late-paid speeding or parking tickets, misdemeanors or gross misdemeanors for possession of drugs like marijuana (where it is not legal), when screening potential tenants?

Also, the terms of the deal are more specific (contract specifically addresses occupancy status, leases, possessions, liens, violations, designates responsibilities and other contingencies). 

I personally haven't used lease options for many years though, I use the standard OREA purchase and sale agreement because that's what everyone (buyers, sellers, realtors, attorneys, lenders etc.) are used to seeing.To turn the PSA into a long-term agreement all you have to do is add a possession date on schedule A that's different from the closing date.

Is it true the IRS, in the 120 day period after the property tax lien foreclosure, can still redeem the property from the lien holder, who now has taken possession via the foreclosure?

If not go to the clerk of court and ask for a "Writ of Possession."

Alabama redemptions allow for an investor to recover the value of the improvements they made while in possession of tax lien property. 

The foreclosure process here is a little slow because the bank doesn't take possession before having a buyer.

As I started marketing the property, I received numerous rental applications, many of which are from individuals with Section 8 vouchers.After doing some research, I learned that it's not permissible to reject applicants solely based on their possession of a Section 8 voucher.

@Edward KaniveThat's absolutely fantastic that you make so much money i would love to have that kind of tools to use. my first thought when reading your post was that you kinda see the homes as a personal possession, not as a tool to make you money.