If you can get the annual rents, divide by 2 to get a decent estimate of NOI, then divide by the purchase price to get Cap Rate (actually, add the cost to cure any must-do deferred maintenance to the purchase price first so that you're total investment is factored into the Cap Rate calc).

If the tub needs it, it can easily be painted for about $200-300; make sure you let the paint cure thoroughly and it should be quite durable.   

It may boil down to local laws regarding notices and a right to cure and/or what kind of mood a judge is in on any given day.

A month-to-month provides both sides 30-days notice so leaving earlier doesn't cure the notice period.

Nothing other than an eviction will cure him of the habit, but he pays rent on-time, been there 5 years & his wife will not let him smoke inside or in their vehicles & he doesn't drop his butts on the ground.  

@Julie L.Not an expert but there're some cures for bad feng shui. 

If such an offer were made and the property goes to foreclosure, and the an injunction is sought in favor of a judicial foreclosure and the offer is presented, the question would then be why did the lender take this to foreclosure when there was an offer to cure the default?

Send and post on the door a notice to cure.

That cured the problem.

A recent editorial in the Star Tribune written by Owen Duckworth of the Alliance for Metropolitan Stability regarding evictions in MN ended his piece by writing, "And to cure chronic housing inequity, we need systemic changes that put power and ownership in the hands of tenants, not private landlords."