Would that normally demand a higher sale price/cap rate based on investor appeal?

Urban cores seem to be doing well for MTR because of business and medical demand, as well as family relocations etc.This last question is a tough one.

File suit for specific performance, demand a receiver be appointed to run the complex until they close and hold what are contractually YOUR rents in trust, record a lis pendens and so on - your lawyer will have more ideas.

He does very well- very little maintenance cost on a new build, they appraise well, and you can demand a higher rent and typically get a higher quality renter and thus less wear and tear.

If you still have a budget left to upgrade and still turn a profit then add the things that will place your property in higher demand.  A

What it doesn't give you is the demand.  As

Demand a copy of the contract that proves they have interest in the subject property2.

The high prices are simply because of supply and demand. A

What you expected is irrelevant, the only thing that matters is what your purchase contract states.Normally you would demand a prorated rent, no deductions, as well as any and all deposits the tenants have paid.

They might do it free for you if you're a good customer, they might charge 1%, they might demand a full 6%.