The behavior aspect is the most important in my opinion.

Those thoughts and beliefs are dictating your actions and behaviors constantly, those actions and behaviors you take put various causes in motion, which have various effects that you see in your physical reality that you've created.

You will see this behavior repeats itselflater on as he recklessly spent investors money to the point that the clubnever opened.

I wouldn't trust that their financial behaviors will change just because you are the new owner.

We actually had the head judge come before our group and apologize to us for the behavior of one judge in particular who ALWAYS favors the tenant.  

Also, I tend to beat myself up mentally sometimes and must be vigilant for this type behavior.

Again it isn't enforced necessarily, but if there are issues at the home that will be one of the codes at their disposal to shut the property down.That's literally what 3 different realtors told me but I still don't believe in luck and good human behavior and want to protect my rear with legality being on my side :) 

As long as you operate within the law, there is no requirement to explain or justify your behavior.

A PM isn't going to change his behavior.

@Meggie, I agreed that a small claim court will be good to get the bad behavior in court.