So thank you sir, every property we have sells to someone who actually runs numbers but the slavish devotion to certain buzz phrases kills my patience. 

Love that phrase too!!

It doesn't really matter what your lease says or what others tell you that the tenant is not suppose to do that....I think you just found out they are going to do it anyways (the bad ones always do it there way).Don't get me wrong, I have that phrase in my leases too, but you need to do all the rest too. 

Any time you hear the phrase "own for the same as renting" you're being lied to.  

I'm sure the actual way of flipping has been around forever, but that was his trademarked phrase.

LOL - I've dealt with everyone from a 'Chuck in a Truck' (great phrase, by the way) to contractors building $5 million homes in the Palisades to massive firms building out $100 million+ campuses for hospitals, tech companies, and airports.

@Emily Powell If you are referring to a policy that can handle multiple locations/buildings on 1 master policy, 2 is the minimum for some companies.As a side note, the "Umbrella policy" phrase is misused here on BP very often. 

Whenever I see the phrase: "Prime for rent increase" I always wonder, Why hasn't the owner already increased the rent rates?  

The phrasing in that kind of letter might require some effort to get it right. 

Most contracts have a phrase something like "seller to provide free and clear title"  Basically the seller is responsible for anything due before settlement and you are responsible for anything due after settlement.