I could have bought it and arranged to upgrade the panel on Day 1 after we closed but I didn’t feel good enough about taking the risk on a $280,000 deal in the event there was a problem and I had to try to make a claim prior to the repair.

Now, if the deal is so sweet that someone may want to step into your shoes prior to closing for a large fee, make the contract including the seller financing terms freely assignable and ironclad.Good luck.

If you don't want them in your property, you don't have to renew the lease.Reason for non-renewal: habitual late payments.Don't know Maryland's laws, but make sure you have prior documentation for notices given to them for the late payment.

They are unable to visit the units prior to signing a lease.

Quote from @Bhushan Shinkre: Few corrections, tenant simply decided not to pay rent and took further action of asking for refund of all prior payments (legally made via Baselane), which Baselane paid out no questions asked.

One month prior to this, their water bill was abnormally high.

Conditional and unconditional lien waivers prior to getting paid.Happy to chat more

The prior poster noted the main categories.Without more detail your note you will need to find a lender partner to scale.

Back prior to covid, real estate investing was buying strategically and somehow adding value.

I’m taking my Real Estate License exam in a few weeks, so this is super helpful—appreciate it!