Thanks Steve Wilcox , spell check error, my question was for anyone currently operating in Lodi specifically on how they were seeing the demand for rentals.

If it isn't, you can just spell out that you only accept applications from people over xx years old. 

The lease-option contract spells out that the property is being maintained by the person leasing.  

Even when its clearly spelled out in the contract..

Also your interests could just grow apart and they want to sell and you want to hold.So it's important not just for the entity creation but cash flow, equity splits, exit provisions etc. need to be spelled out with your attorney drafted operating agreement before closing.Also if the goal is to take the proceeds and not pay taxes then you need to set up the partnership a certain way.

The worse aspect is that the current seller has trained the tenants that they can get away with being bad tenants - even the lease spells it out "rent will be discounted $25 if tenant pays rent before the 5th of the month".  

Probably depends on any restrictions spelled out on your current lease.

Also should it be spelled out in the P&S?

Again, the state/county statutes will spell out which( if any) liens remain. 

Here's the breakdown for mass law,Under the water law, landlords may bill tenants separately for water if all of the following requirements are met Landlord has installed submeters that measure actual water used in your apartment; Landlord has installed low-flow fixtures;Your tenancy started on or after March 16, 2005 Previous tenant was not forced out; There is a written rental agreement that spells out water bill arrangements; and Landlord has filed proper certification.