They shot down the zoning change even though the property had been functioning as a duplex for a long time.

The lease stays in place with the sale...you inherit it, so there is no change with the change in ownershipRun your numbers based on the current situation and lease..... then run it on a conservative plan based on increased rents and factor in turn over cost, renovation, vacancy etc..... based on those number you decide if it makes sense to try and buy them out with "cash for key" or suck it up for a year with the current lease or worst case walk away from the dealIts definitely worth a shot to try and renegotiate the selling price based on the current rent..... but sounds like it wont budge much....No way would I try and extend the lease even farther with a tenant that I know ZERO about.....

You won't realistically have a leg to stand on in court as most laws are heavily in the contractors favor but it is worth a shot.

I took a shot at it. 

The best shot they'll have is converting their primary to a rental, rent it out for 1-2 years and then 1031 into another investment property. 

You should be calling the shots and using whichever agreement you’re comfortable with.

Figured I’d finally give this a shot and try to network/ learn more from the people who have taken the plunge.

Screen shot of internet speed4.

I've never done a renovation, so $25,000 is a shot in the dark.We would be using the VA loan to purchase this property and my wife and I would live in the primary residence for at least a year.

Gross thing about it is she was sleeping on the bed where he shot himself.