Maybe give them the option to do another addendum for the remaining 3 months and if they want to renew their lease at the end of the 3 months it will cost them whatever you deem suitable to cover another person living in the unit.

I don't know enough about it to know if it is suitable for that application.If it is use it!

Otherwise, the lease rate was excellent (<$100 / month) and building price was suitably depressed due to the lease.In your instance, the lease end is far enough away that you should still be able to sell the property in 10 or 20 years.

The Cubic Foot vs The Square Foot Counts.Big Places on Tiny Spaces.PART 1 of 3In California it's a known fact that the closer you get to the beach the smaller the lots get leaving folks with limited choices in finding suitable let alone affordable building and ownership opportunities.One very popular trend taking place today is the transformation of many boutique "Mobile Home & Trailer Park Communities" that dot the landscape along the California Coastline.

This is especially true of college students who often return several years down the road to vacation with their spouse and children.Many think of property management as a service that's most suitable for vacation rental property owners who live out of state.

Whomever you select, be sure you do thorough due diligence on the potential investment sponsor and thoroughly review their offering materials to determine if the investment is properly underwritten and suitable for you (in other words, the business plan is in alignment with your objectives).It isn't uncommon to see lofty projections, unachievable returns, missing track records, insufficient expense budgets, aggressive economic vacancy projections and high rent growth forecasts. 

They must not be defective due to dampness or otherwise.The landlord must ensure that electricity or gas supplies are safe and in good repair, and that every room has adequate ventilation and both natural and artificial lighting.Laundry, food preparation and food storageArticle 8 of the 2008 Regulations (as amended) requires private landlords to provide access to: A washing machineA clothes-dryer if the dwelling does not have a private garden or yardThey must also provide facilities for cooking and for the hygienic storage of food, to include the following: 4-ring hob with oven and grillCooker hood or extractor fanFridge and freezer, or a fridge-freezerMicrowave ovenKitchen cupboards that are suitable and adequate for storing foodSink with mains water supply, hot water and draining areaFor dwellings rented from local authorities and approved housing bodies, the relevant requirements are in Article 7 of the Housing (Standards for Rented Houses) Regulations 1993.

Or is most of the supply available more suitable for BRRRR/flips?

I don't mind a messy tenant as long as they pay the rent on time..Concerning how you collect the rent, I would start by asking current Owner how they collect rent and see if its a suitable option for you?

I’ll go back to look at it closer Wed I think, and maybe counter with 124, 750 earnest money, and no penalty for financing delay, since it wouldn’t be my fault.I believe there will be a few other houses that will be suitable that will come up over the next several months.