If you sell for $55K, you'll have to bring the extra cash to to table to complete the transaction.Do you have that money?

I'd give tenant notice to cure,, and would have to have verification from power company elec was back on in 24 hours..or I'd file for eviction.

For a bank loan, they requirements will be very similar than what is requested to a legal resident in the US: Income verification (W-2 equivalent), tax returns, etc.

(To be clear, there is no obligation on my part to to do this and would probably not do it again.)Four months after he moved in with her, he died in his sleep right there on the property. 

if there is a mortgage you got the seller to sign a verification of mortgage and have your secretary run that down IE she gets payoff demand as of that date so you know whats owed.. so pretty simple for us the trick was doing all this in one to two days before they lost it in foreclosure..

I’m really just trying to get a feel for the calculators and thought this either sounded too good to be true or just good enough to to work.

Is there a certain place I can look to, to find a variety of questions?

@Richard F.Everything Richard said and have the requirement of verification on the lease before they move in and every year.

She seemed to really know what she was doing but it turned out she was basically a pathological liar, not in the stealing sense (I watch that very closely) but in the "say what I have to to make myself look good" sense.

I like to to call my shotgun "the persuader".