A tenant operating halfway housing is looking to terminate the lease and vacate the premise 9 months earlier than the expiration of the lease due to problems with their business.However, the unit has extreme damages, and the tenant has stated that they will not pay anything other than the forfeiture of the security deposit, which does not cover the necessary repairs.As a rookie 'mom and pop' landlord in California, who now has to forgo 9 months of income, what is the best way to retrieve any monetary consideration for repairs??

Songs, quotes, books?!

I made an offer of $400k and the sellers forgo making a counter offer with no explanation.

I’ve checked all the surrounding areas and it looks like the same song but different verse.

The low cap rates in my target neighborhoods suggest to me that these are very safe investments, so safe that buyers are willing to forgo high yields in the first few years.So no, I haven't gotten it from a podcast or a salesman.

Are there liability implications for going this route? 

I've read and listened to several stories of landlords just forgoing the traditional security deposit altogether.

Even if you get the land for a song ($20k) you're looking at $470k+ to build a property that will generate ~$4k/month rent.

People forgo money for confidence and convenience.

Also, I’m not as familiar with this but I’ve heard people mention just forgoing the FHA loan and getting a conventional loan for 5% down on their first house and with less expensive PMI.