An eviction would depend on local law and what the lease says.

I personally think that the best of both options is to buy the properties (1-4 units) under your name now and bolster up on property and umbrella insurance and then get a solid lease.

What items do you have done before making an offer on a property like this, and how would the finding results either encourage or discourage your purchase or offer amount?

non issue for me. just have lead addendum in lease contract, get it signed and move on

What would it take for a LL to consider us for a 12 month lease if we’re talking around the $2000-$2300 a month range?

Yes, Home Depot has a bid room for Pro accounts and anything over I believe $2500 can go through the bid room.We are picking finishes for a 284 unit deal we are closing in a few weeks and looking at ordering via HD Supply.Some items we may source directly from the manufacturer in China.

You can sell it on a lease option.

First what did you lease say? 

Hello,So I rented one of my room in my 3 bed 2 bath condo to a guy on a month to month lease in IL.According to the law he should have given 30 days notice before vacating the property. 

They both offer Inspector Due Diligence inspections as well, basically a toned down inspection that looks for specifically problematic/expensive items... but they don't necessarily test every outlet and switch.