Empathize with Bill and the seller's position and suggest that if you can't get back the funds you at least want to help the seller's case in court, work out some sort of deal, talk about a master lease option, basically anything that does not involve the idea of litigation. 

If the “fair market price” is because it’s a good property, relatively updated, desirable area, etc. then you’re basically buying a yield play.

I would also like to include that we signed up for 1 year lease agreement and it ended in October 2017, we stayed in the house until February but didn't signed a new contract so basically it was a month to month lease situation.

I use Cozy.....but if you weren't happy with Smartmove, you many not like Cozy either....kind of same concept....everything is filled out online by the tenant unless you want to input all the data and collect the fee etc

If the new loan and the old 2nd meet certain criteria (basically the new loan being a rate and term refi of the 1st, the 2nd being fairly small, closing costs being low) then the 2nd could be automatically subordinated to the new 1st, regardless of the sequence they were recorded.

So I would basically be adding a line to the current contract, with the specific details?

The fact they are complaining online might be an indication the property manager dealt with them properly so be sure to ask the manager for their side of the story.I hope this basic guide helps.

Hope someone could answer some basic questions I have!

Many Landlords include a renewal clause that basically gives the Tenant three options: 1.

If you’re by the book on having that as your primary and your job takes you elsewhere I’d equate that to someone going on vacation basically.