In this case we would probably ask them to sign a year extension on the lease and pay for the venting.

As a dedicated and hell of an agent, I find this approach is weighing me down with excessive work.Even as an investor, I struggle to understand their strategy which wasn't disclosed until after the fact (signed rep agreement) three weeks in.

@Andres Triveno, operating the LLC 100% means that we sign contracts and other documents as member or manager of the LLC instead of using our own names, we have a business phone instead of using our personal phone, we have a business checking account for business spend.

Lastly, don't forget to get estoppels when you close, that is the tenant signing off on the current rental amount / funds you have escrowed. 

In my opinion, it can be a sign of builder/investor confidence in a given area if they're willing to put up the capital to build new homes in a given area: they believe there will be enough demand to sell their new products.

They sign the contract, hoping to find a buyer willing to take it on.Instead, go in with a maximum offer in mind from the start.

If in a tenant-friendly state, the Payment Plan may make sense - but only if tenant signs document stating specific payment dates & amounts and can update their income info to prove they can afford the payments.

If the daughter is not on the lease, ensure you have signed papers from the mother herself if they move out early.Almost zero chance they will pay rent again.

We just signed on with Hostaway and they have been pretty good so far.

The biggest signs you are a procrastinating newbie:1.)