I'm looking for the lease to cover all structural, mechanical systems, electrical, plumbing, appliances, interior, exterior, roof, landscape, hardscape, etc.I have an existing lease already that is solid, but I am looking for Clause samples with T's and C's for the maintenance component.

I think you hit most of them on the head if he is more of a handy man he may not have a contractor lic such as a painter,carpet person or single trade other than mechanical

how about mechanical liens (state of IL) ?

@ Brad WeberDidn't see you post link on the mechanics if a Lease Option Assignment....could you repost it?

This will ensure that no mechanic's lien can be placed on your project.

Mechanics type/quality.

I've already made an offer but continue to receive hesitation in all communications from the seller.The seller is in way over their head from a mechanics and number crunching standpoint and want desperately to walk away with every possible penny.

The house smelled and looked terrible, but as I dug a little deeper, I found that it was in pretty decent structural and mechanical condition.

The cost of implementing sub-metering will depend on how the property is plumbed (i.e. is there already a separate run to each unit from a mechanical room; are their T-lines running down the centre of each floor; or does the plumbing wander from one unit to the next (common in larger homes that have been converted into multiple units).  

While there are some differences in terms of administration, plan mechanics, and a few IRS rules, the plans are largely the same when it comes to investing in alternative assets inside of a tax-sheltered retirement plan.