They also require persistence. 

@Sheree Wegenke that’s great to hear and have notice the same with a lot of the places I looked at.

I guess I'm looking how to structure things to reduce risk yet still be fair to both.2) The other question - I notice some bids are rather "loose" in their description of materials being used.

No one will know everything, but they will have a network of highly experienced pros available at a moments notice. 

We have a few other properties around San Diego with nothing noticeably South of Hwy 8 (we have a quad in Pt Loma that is just South of the 8). 

My question is, is the contract binding and thus we have to serve him a 30 day notice to kick him out? 

On the Seller's Disclosure Notice, the seller marked:YES for present flood insurance coverage (handwritten note: but property is not in a flood zone)YES for located wholly/partly in a 100-year floodplain (handwritten note: (1) have paid insurance for (10) years for 100 year flood plain. (2) Just recently found out property is not in the 100 year flood plain.)Under the Notes section on the Survey:According to F.E.M.A.

As the income grows, then explore the S election angle if you notice the NITI tax taking a bite out of your income. 

Should close by March 31 and so no notices filed yet. 

Usually $25/month more in the second year, another $25 in the third year, and then it coasts there, but each side can decline to renew after the third by giving 90 day notice.