If it was a past bankruptcy,3 or more years, you might consider him otherwise what is your motivation to take a risk aside from your possible inability to reject applicants.

That being said if I were to put it that way for her, she would surely reject the idea of any type of investing not matter how lucrative.

When it comes to multi-family it's a sellers market so a lot of low ball offers are either rejected or ignored.

Based on his credit history I would probably reject. 

Thanks but what about applications that I have received and rejected even before they made it to the credit/background check?  

The guy called me up a year before the date and said we can renew without the increase now or we can send it to review where it might get rejected.

If rejection, rinse and repeat for next week.

I get a lot of rejected offers (as do most investors doing this).Thank you for posting your Analysis. 

(c) Tenant may reject the renewal terms by sending written notice to Landlord by certified mail, return receipt requested, within 60 days of the date of Landlord’s renewal notice for a year to year term and 15 days for a month to month term.

If it is an ADU, my belief is they have 60 days to process the plans (approve or reject) regardless if conversion or new stick built.