Tenant Renovation?

[Allen Maris]

Hi Everyone,

Wanted to get some expert opinions.

I just purchased a SFR in Fresno (Clovis actually) with the fix and lease option route. Someone's interested in taking it as is and doing the renovations themselves.

That strategy makes me nervous since I won't really have control and they'll be doing what they want. And if they don't follow through with the option for whatever reason, they'll have more invest and more incentive for legal action for something.

Anyone do this route and can share why it could work? 

Thanks.

Allen