Hoping you may also have experience with large language model as well.

It has not happened, but it could.We added lease language to say a cash security deposit must be on file or a security deposit policy in effect, or we can terminate the lease.

There is no language in a purchase contract that gives the seller rights to ANY inspection report paid for by the borrower and/or required by a lender. 

You should start getting referrals for an attorney to help you organize the structure and language for your described arrangement.I would absolutely recommend the Investment LLC be 100% separate from the construction entity.

You would need new approvals from Regional Planning and Building & Safety for the re-conversion to meet applicable single-family residential development standards under Title 22 (Zoning) of the County Code.”I asked to see the actual covenant document but was given only sample language.

You can add language that says, you cannot exercise your Option for the 1st (fill in a timeline) years. 

We have language in the lease that states you cannot have a guest for longer than 7 days without signing a lease. 

That language is in there for a reason and the verbiage is very critical to how an issue would be handled. 

Does the current lease have language describing how the lease renewal executes, determining new rent rates, escalations? 

I've used templates from BP and other sites like Avail as a start and then asked my attorney to incorporate additional language needed for MTRs like the utility caps, monthly cleanings, etc.