Yes, most definitely they did not think this through as they didn't even spell out "we want to MOVE OUT", moreover, they don't even knke if they do, when would that be.

I hired a contractor for the project and we spelled out all of the different items that I wanted them to complete. 

I haven't seen the requirement per se with my 4, but they were smaller.I did submit a PFS with my loan application so they may have looked but didn't specifically spell out a NW requirement. 

However, the entity allows the profits/losses to be apportioned to you according to your agreement.The agreement that establishes your entity will spell out lots of things, including what happens when things go well and when they don’t go well.

Yes thats what Im exactly looking for... suggestions on what evict-able violations I should spell out in my lease. 

That will make your job harder, cause confusion, and build animosity with the renter.Give them written notice 30 - 60 days in advance, clearly spelling out the changes: rent increase, mandatory deposit of $XXX, mandatory proof of renter's insurance, and a rent increase for animals.

Rent is usually late after the 5th, and your lease should spell out everything.

Then, your operating agreement will spell out his cut (personally think 50/50 even if his rehab profit is included in this as it should be). 

it spells RISK very clearly .

I don't want to even spell out the city as to avoid triggering all the vultures' keyword alerts.