Demand a "nonrefundable" Earnest money deposit of at least a grand.

There is strong rental demand. A

I personally live in an area that is going to see the number of senior citizens increase 97% by 2035, so a home like this in my area may not have the same demand as a 2 bed/1 bath home for someone who has grown children, is approaching retirement and looking to downsize to something more manageable.Lastly, it could be price. 

Prices aren't likely to get any lower as this ambitious plan continues to unfold, but rents will go up and so will demand as more jobs brings in more workers. 

Nonetheless, here in Cali it's typical for the third-party lender to demand a separate title policy to protect its own interests such that two policies end up being purchased (and are both usually paid for by the borrower). 

Persons per unit: This is a basic measure of supply and demand. As

It'd be a $300k purchase price and likely $200k-$300k in rehab to give it what it needs to be competitive in the market and demand a high nightly rate.

Can he challenge me and demand a year-long lease?

Instead, we have had exponentially higher demand as the school is planning to have a limited opening and no one wants to live in dorms or apartment buildings right now. 

I tend to go higher than the average booked prices as I have over 100 5 star reviews and can demand a higher price.