I looked up the owners, they live in SoCal a few thousand miles away.

Even if I were found guilty, the cost would be in the thousands, not in the millions.

I have literally thousands of clients who refute your argument.

I won't go in to all of the details, but suffice it to say that they have cost me thousands and thousands of dollars due to under management.

If I had done no value add, he likely would have continued to have been fine with the agreed terms (it would have been loosing thousands every month due to reassessed property tax and drastically under market rent).

I guess what I am saying is don't let a few thousand dollars at the front of the deal get in the way of the reward you will reap at the end of the deal. 

Even if I were found guilty, the cost would be in the thousands, not in the millions.

I lost tens of thousands in missed rent, eviction fees, and attorney costs, but in the end, I still made a significant profit.Would I do it again?

Even if I were found guilty, the cost would be in the thousands, not in the millions.

Haven't had any pet problems and we make a couple thousand extra in pet fees.