The building is not in bad shape and all the units are clean and well kept.

I was also able to get paid for getting a deep understanding of our market and bank financing .The only annoyance is the full disclosure requirement. 

I can confirm from a partial Investor standpoint and having done business with him that the agreement is well written, clean and the payout process and the default resolution options are very fair.

YA BUT it does not cash flow  LOL.. so the builders came in and CLEANED house..

Try to see if the Landlord will compensate you for cleaning or if he's willing to make some of the repairs.

@Nas Zidane The closets in all the bedrooms are 2'-0" deep which is a standard size.

If these are in mint condition... the electrical will no longer meet code, and I recommend re-wiring.The plumbing is a toss up, sometimes we scope lines and they are clean as a whistle; sometimes we scope lines and a 4" pipe has an effective inner diameter of 1/4"... just depends. 

Assuming it states the property will be vacant and broom-clean have a KC lawyer mail him a scary letter stating he will be sued for breach of contract as well as being an unlawful occupant. 

The 20% who do get it clean house and are doing 3-4 inspections per day. 

You'll still probably need to clean it, double check all the items work and the like.