As she is approaching retirement, she no longer wants to manage this rental property on her own, and we were instead thinking that she could pay off my mortgage, and then I would enter a "rent-to-own" agreement with her.

The property I am looking to buy is around 3K square feet and I do not want to pay the premium or the minimum replacement cost insurance for a property of that size.

Can you as a landlord negotiate the lease agreement?

I don't recommend creating fictitious rental agreements between you and your boyfriend.

We are often able to keep turn over costs in the $500 -$1000 range and that is for larger 2500 sf + single family homes, some of which have two story great rooms.My PM fees vary based on how many units an owner is giving me, and where the property is located etc, but are more than what you're paying but I probably include a lot more services.I offer performance guarantees, but there is no way I would have a Management Agreement that just allowed an owner to walk - they would owe me the remainder term fees if that happened.There is no way I would as an investor, pay tenant utilities at all - if the utilities were not separately metered, I would first determine if I could legally charge the tenants for the utilities in your area or I would not buy the property.There are many things you can do in a lease to protect yourself and reduce your costs (and that may be an issue with your PM's lack of experience - or it could be that your state is very landlord unfriendly) but here are a few items I would have in the lease if allowed in your area:The tenant must thoroughly clean the unit including any carpeting at move-out - we have a detailed example list of tenant cleaning responsibilities in our tenant handbook.We only accept the most financially highly qualified tenants, and often have tenants renew leases, but if a tenant wants or needs to break their lease early, there is a multi month Early Termination fee to help us defray off market time and turnkey make-ready costs due to early termination.Our tenants are responsible for both Pest/insect control and exterior landscape upkeep - though in an inner city townhouse/triplex set up tenant responsible landscape may not be feasible.

Dear Tenant,After speaking with the technician, it was clear the condenser was damaged because you failed to maintain the landscaping per Paragraph XX of the Lease Agreement.

Minimum of 6 months of expenses (though I'd shoot for 12 months given family size).Next, I'd make sure I was adequately insured. 

 I am in need of a Purchase Agreement for a house I am interested in.

If you are the high bidder at an auction on a property that is occupied, what are the steps required to either remove the occupant from the property or get them to sign a lease agreement?

If you're splitting based on the knowledge, experience and work each party is doing, then you need to sit down and all come to agreement on the amount of knowledge, experience and work you're each bringing to the deal -- and then split accordingly.