I rule like a dictator but I'm also very friendly and very fair and have attracted great tenants because of this style.

@Rhiannon Then This is your property and you dictate the acceptance standards for it.

The more doors the better IMO but whatever is currently available may ultimately dictate that.

Market dictated we lower the rent, now tenant wants the difference refunded from the security deposit.They are good tenants & he is an accountant, so really into number crunching.Thoughts?

Do not let a tenant dictate your process.

Changes to an existing lease are dictated by state or city statute.  

Your purchase contract probably dictates how this is handled.

@Jonathan S.Bottom line is you are the new owner and you dictate the decisions that are going to be made for your property.  

I would not allow a renter to dictate how I handle my own property, particularly based on this nonsensical COVID issue.

At the same time, identify and get in touch with key subcontractors to get a sense of their respective scopes of service, cost and timelines.Do the same on the permitting front.You should use your understanding of the cost and permitting process to frame the terms and conditions of your purchase offer and the release of earnest money to meet the milestones dictated by project schedule.Before you do any of the above, it is advisable to make your very first step to be to figure out the market value of the project you intend to create and deduct cost of sales and the % of profit you'd like the deal to generate.