Have a candid conversation about how he plans to handle representing both sides and ensure you’re protected with things like a solid inspection period and contingencies.

They signed the lease in March 2024.The first time they were late it was a couple of days past the 1st but within the 5 day grace period……Ok.The second time, they notified me on the 5th that they wouldn’t be able to pay until the 12th.  

Depending on your loan structure I'm not even sure you could legally offer a personal guarantee outside of the loan for that money without committing mortgage fraud, as anything that could hinder the ability of the primary lender to recover their principal is supposed to be declared during their diligence period, and any material changes up to the point of taking the loan are supposed to be disclosed as well.

This approach enabled us to move forward with minimal delay, giving us the flexibility to work efficiently within the timeline we set.

Depreciation represents expensing the cost of the asset over a period of time. 

If they have to move out while the treatment takes place, then we abate the rent for that time period.

Cost efficiency while enhancing the design and functionality of the property What was the outcome?

I've created bullet points, changed wording often, rearranged pictures periodically, adjusted prices (super low for my area).

Just make sure you to have an inspection period to review things more. 

I am considering constructing a modular home which should reduce the construction period to 4-6 months versus traditional home construction.