Once you educate yourself to know the basics you can start talking the "language" you will be coming across as less green. 

I believe certain language must be included in your sale and purchase contract indicating that this will be a 1031 exchange.

I don’t know your situation and not one to judge at all so going off the language in the message.You have more then your realizing.

I was looking for better language than what I wrote above.

Pitch your development to potential customers and just make sure the lease language has a poison pill that will let you out if the project doe snot secure financing. 

Once a year I get a call from a "concerned" neighbor about the "language" used by a tenant or contractor - usually complaining about "the F word" (why does no one call to complain about "the S word"??). 

It's a seemingly small difference, and maybe doesn't really work, but just curious if it looks like craziness or a reasonable deal.Also, I don't know, how one manages a default in the contract language (not that we will, but I'd want to protect both sides)?

Your position on this item will be stronger if your lease has language regarding making unapproved repairs or improvements.2)  I think you fill those holes with mortar and move on. 

You may want to draw up the new lease with the new amount and say that since you will be making some changes (assume there are other language changes) you are giving them a preview of what they can expect in March. 

It's hard to tell from the language if this is a requirement (to minimize absentee out of state landlord issues) or simply to state who might be working on behalf of the out of state landlord as more of a safety precaution/heads up (e.g.