Maybe the point is to create enough aggravation for the owner proving that it's bogus that they pay him to go away. 

Is this a situation where you have rehabbed the building and the city issued a building permit or are you referring to the rental registration.You may get away with it but I don't think its worth the aggravation.  

Your only strong position is to move because you don't like his increases, and other aggravations. 

I buy properties from people who sell at a loss, because it was more time, work, and aggravation then they thought it would be. 

It sounds like their puppy is going to poop diamonds and pee Chanel #5.The reality is, puppies have a much higher propensity of digestive problems, chewing issues, and bowel/bladder issues.

To answer your question, we are denying them because she does not meet our credit standards and there were surprises on his criminal check...he was found guilty of aggravated menacing/concealment of a weapon and DUI from a single event a couple years ago.

We only care about breaking even and not having to deal with aggravation. 

That's way too much aggravation.

However, he’s a workaholic, and doesn’t mind, or rather enjoys the additional stress, aggravation, frustration, and time commitment involved.

Even if you inspect one you'll still be amazed how much more aggravation you will discover once you get in there & start tearing it apart, especially if someone has been there before doing a half***ed rehab.