I would want to keep extra for reserves along with contingencies, plus if anyone in the area has stored away the 10,000 for a cost segregation details on that would be helpful too.

Property taxation classification doesn't change the property type and applicable comps.

It appears to just be a LARGE application fee?

Also, define how you'll share the acquisition costs, such as the down payment, renovation, and closing costs.Payment Responsibilities: Explain how to divide and pay for regular costs like mortgage, property taxes, insurance, homeowners association fees (if applicable), and upkeep expenses.Management and Maintenance: Agree on how property maintenance, repairs, and improvements will be handled, including decision-making processes, funding for these activities, and responsibilities for performing or managing the work.Single Decision Point: For example, I've seen situations where one person agreed to replace an appliance while another strongly opposed it.

They want to know where do I expect them to store their stuff .      

The Applicant doesn't respond and so we sent a message asking if they would like to cancel the lease.  

Did you properly screen your applicant?

Although, as mentioned at the top, the pull chain switches are often a weak spot, however they are often easy to simply replace with an inexpensive, universal replacement switch from the hardware store.

I currently am franchising stores for a few years now and am seeing the leases we sign and square footage we pay for. 

I usually use avail.co or Zillow, but He does not have a SSN so he cannot complete my application for a background check.