It would be your responsibility to ensure that any points of entry are closed up. 

Chris,Thank you for the response, that makes sense.

Here is the new response:  "The Terms and Conditions were not properly displayed for the cardholder during the order process or on the same screen as the checkout screen before the final checkout.

It just needs to be rent ready as the appraiser will do a rent survey and that rent amount that the appraiser comes up will be used to structure the loan- more on that below. 

You are not spreading the financial risk if you are responsible for all capital.

You should let both of them know that they are both responsible as they both signed the lease.

In any deal/investment that goes south like this, your/buyer's side is responsible bc "buyer beware" is as old as time.

On the renewal for the license, I asked if the loft was considered a bedroom and the response I got (unsurprising when it comes to taxes & fees!)

Also, her text response "I'm moving out" might have jut been an off-the-cuff comment and not a formal notice. 

There was also a failing retaining wall in the rear of the property that completely blocked natural light form a handful of houses, and was technically on the property line and a shared responsibility.