Pay them well and go to work with renderings in hand on what the development would look like.I always verify demand with a lease in hand.Hope that helpsPicture of the building below

The notice of termination will be rendered “void.”

@Ashley Renders Oh Good!

If you need a rewire, or a new roof, or new plumbing lines, these are things that can take a big bite out of things, usually need to be done by a professional, and usually will render the unit(s) uninhabitable.

@Steven Clark - I'll ask the bar for an advisory opinion on the propriety of rendering non-legal landlord advice in that way. 

And, send your incompetent PM the same.Have the PM inspect the property, photograph it, and note any damage.Gleefully take the whole security deposit for yourself - and do not pay your PM for services not rendered.  

A deficiency judgement could be rendered so I would stay away.

Need more detail to be able to render an opinion 

After reading your deal, my question would be how informed is the seller and does the seller have mental or other medical issues that would render them incompetent to do any business dealings at all? 

“To require Tenants to endure the inspections before challenging the inspection requirement would render Tenants’ Article I, Section 8 privacy rights illusory,” the Court declared.