Clearly, each person brings different levels of risk, abilities, etc to the table and have to select a strategy that suits their personalties, preferences, etc.

The tenants can then decide to file a civil suit, but there's no way in hell they're going to pay an attorney on an hourly basis (an attorney would not be paid a contingency in this instance).

ofgift,the properties and owners you're referring to probably won't be the type of "customer" you'll make money with as an investor.let's just say that this house you're referring to that dropped in price 3k was listed at 100k and now is at 97k...now you're thinking this may mean that prices are dropping and other houses will follow suit.

The perks of the deal are that the end buyer usually does not have good enough credit to actually purchase a house so instead a lease option is better suited for their current financial abilities.

The thing is that the notice is a requirement to actually file an eviction at court, but its worded like you have to get out in that amount of time or face a legal suit.

A sale transfers ownership and a previous owner has no right to follow through with any suit for eviction, they may seek damages of amounts owed as a debt, you'll need to start from scratch.

I agree blow out the master into the 8x8Now if the 8x8 or master is adjacent to one of the baths open that up & make it a dedicated en-suite/master bath.

it's just one of those things where buyers like to play the relevance of the "what do you have into it card" when it suits their needs.  

He would need to agree no other fees are required and a W-9 be signed if the money is over $1000.If he refuses, then he can initiate a suit and you have something real to talk to a lawyer about.Personally, I wouldn't sue someone for so little money.

How do you think a lawyer would know about your umbrella policy prior to filing a suit and you passing that long to the insurance company?