DEFAULTS Tenant will be in default if: (A) the Tenant don’t timely pay rent or other fees and charges they owe; (B) Tenant or any guest or occupant violates this Lease, property rules, or fire, safety, health, or criminal laws, regardless of whether or where arrest or conviction occurs; (C) Tenant abandon the property; ....When Tenant is in default, the Landlord has the option to declare the entire balance (all outstanding balances including but not limited to invoices, rent, cost due to damages/abandoning the property) payable hereunder to be immediately due and payable; the Landlord may exercise any and all rights and remedies available to Landlord at law or in equity and may immediately terminate this Agreement.XVI.

Pref Rents are below "legal max" and can potentially remain there forever (or as long as that tenant exercises their legal right to renewals... allowable increases are based on the Pref rent as well.

It's certainly a good exercise to learn what is what in QB. 

Not sure is seller will accept an offer with these contingencies as it will cost time on the market if the contingencies are exercised.  

The one we are considering, Family Dollar just exercised lease extension at this location through 2027.

Note: I am under the impression that me material participating in this exercise will fall under the "Real Property Development or Redevelopment" activity, thereby allowing me to cost segregate the home construction cost.

I appreciate it If you decide to approach your tenant about them purchasing the property I recommend you contact a mortgage broker first to let them know what you are considering  Your objective is to get an idea on what the potential rates they may charge your tenant when it's time to exercise the option to purchase. 

Any RE agent advising to you that this is an option that you should exercise in order to better afford a home should have their RE license revoked for violating their fiduciary responsibility to you as a client.

The individual is not a senior officer of the reporting company.The term “senior officer” means any individual holding theposition or exercising the authority of a president, chieffinancial officer, general counsel, chief executive officer,or chief operating officer, or any other officer, regardless ofofficial title, who performs a similar function. Yes  NoInheritor (Exception #4)An individual qualifies for this exception if the following criterion applies:1.

This suggests that while the market remains robust, buyers are exercising their negotiation skills.