Unless such coverages are stipulated in the LEASE, there is no legal basis for the LL to pay a dime for damages.I knew about and secured renter's insurance back before seatbelts and liability insurance was required for drivers.

In FL, billing a tenant for repair work or stipulating amounts/charges in your lease, functions as an unenforceable liquidated damages clause.

I'm curious how long the process took and if the $2M loan limits they stipulate are cumulative.

I let her know that per GA law she has to give 30 days notice to break the contract, but the lease does not have any other stipulations. 

Not sure how this would work or the stipulations that a lender would place in me...My background is homebuilding and building materials but the finance and investing is new to me.

It should also stipulate that your partner is to be reimbursed first for the initial investment, then your investment, then the profit split if any.If just you are on title, your partner should be secured with a first lien deed of trust and attached promissory note.

@Jack Isberner I don’t have the bill in front of me but there is a stipulation that the law doesn’t apply if you perform major renovations that would displace the tenant for 30 days or more.

(a) For any residential unlawful detainer action that includes a cause of action under paragraph (2) of Section 1161, any defendant may, at any time between the filing of the complaint and entry of judgment, notify the court of that defendant’s desire to stipulate to the entry of an order pursuant to this section.

A lawyer may be necessary to untangle this issue, as this is not a one time fix, since the current leases stipulate that they pay for their own utilities.

A "cash only" deal is one where the seller stipulates "cash only".