The lease with the tenant states that the property is pest and rodent free at possession and that in the case that there is an issue with pest or rodents in the future the tenant would be responsible for taking care of the issue.

@Kenneth Garrett The move in fee is increasingly popular in the City of Chicago because of its punishing CLTO and the potential penalties for not following the rules re: security deposits.I personally like a move-in fee (at half-month's rent) because it guarantees me $ for things like repainting and minor repairs between tenants that wouldn't otherwise be able to be deducted from the security deposit but always need done.Downside is it is less money in your possession if something major happens.

I recently bought a duplex and one of the units will be vacant on possession.

And the "inflation" update to that is; "within 36-48mnths of possession". 

A tax lien gives you the right to immediate possession (rents) of the property in Alabama.

@Elizabeth Hernandez It should be on the bill of sale and closing paperwork along with the possession date.

Learn these formula first.Your mentor should explain the many methods of negotiating - second stage negotiation - hybrid offers - controlling clauses - delayed settlement with right of possession and subject to the existing financing - built-in extensions - and assignments.Power Prospecting - where to find the real estate that will produce profits - how to make offers before looking at the property - working tax sales, foreclosures, expired listings, FSBO's, advertising - radio - internet - TV - agents -fiduciary buyer brokers.To mention just a few of the things you prospective mentor should be doing for you.Good luck - Charles

My original commute was 5 minutes, and I cherished all 3 of them.

When you get possession the plumbing, fixtures and everything will be ripped out.

On all paperwork the property is under my clients LLC, but he doesn't pay the taxes cause it's actually owned by another company using his name.I know for adverse possession he has to be paying the taxes, but what about a lawsuit or claim to the building?