Have your restoration agree in writing to a completion date, along with clear financial penalties per day late if it runs long for any reason.It should be an easy sell to the tenant - "take the place you used to live in and make a lot of the stuff new"If you're willing to move back in, the management will provide you with $500 to help recoup some of your losses...some sort of incentives really grease the wheels.Loss of rents varies like crazy.

If the seller is really motivated it might be worth building a new park out of it....$$$$$....good luck

Next is find the motivation, some might be,if they are not motivated, the price will generally be too high.

They are very motivated sellers for the most part.

Your rules are sort of OK - the reason I say "sort of" is that I would phrase everything as "Tenant agrees to _______" and then fill in the blank with the concept you are trying to express.

What is the motivation for any lender to modify the mortgage?

What sort of price point would you feel is reasonable?

A crappy 8$ an hour guy is more detrimental to your business than a motivated 15$ hour guy.

Jeff Sielicky You say it's PC to add affordable housing to projects but you might want to look into the motivating factors.

I love listings that say that, usually a highly motivated seller