If the entering tenant is going to be added to the lease the existing lease language would apply. 

Government programs like FHA 203(k) can assist in purchasing and renovating homes, but certain regulations apply.

Does anyone know if applying for 2 existing apartments on 2nd and  3rd floor with commercial space on ground floor in CMX4  zoning requires fire sprinkler system if no construction is needed? 

When a tenant moves out, transfer the deposit back to Checking so it's ready to apply towards expenses or refund the Tenant.If you end up with excess funds in the Checking account, I recommend you transfer it to a third account designated explicitly for future investments.

Instead of paying $5,000 a month for a mortgage (plus taxes, insurance, and maintenance) consider renting for $3,000 a month and save the other $2,000 a month to apply towards real estate investing.There are many great areas to invest in, and they don't have to be large cities like Cleveland.

In the body of the ad I give the link to my property management software where they can apply.  

My question is does the early termination clause apply to midterm rentals?

We could take the money and apply some of it towards our personal residence to reduce the time required on the loan but there would still be a sizable amount of loan so it really wouldn't make a huge difference in terms of the length of the loan...not a great idea.  2).

This implies, applying the historical average appreciation, you have return appreciation over $3.5k whether the tenant pays or not.  

Only after they have been screened and seen the property in person can they apply.