How Do I Close on a Property?

First thing i would do before you even close on the property is send out a stopple agreement to the tenants. So get the current owner's permission to do this. Then go through ok, how much do you pay a month? Do you pay any additional fees? Who pays the utilities? Are there any pairs or maintenance that need to be done in your property? A who handles the landscaping? Who handles the snow ploughing, everything like that? And just go through it. You're going to maybe send them kind of a welcome letter stating as to, here is how everything will work now.

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