Not following the terms of the agreement could be perceived by some as "favoritism". 

@David Faulkner  this works for many.. others don't know diddly about construction and any perceived savings actually end up costing more in over runs and contractors taking advantage.so they want a price set.. they can rely on.. you know running contractors is a tough job.

How do you guys perceive this?

One thing to your advantage is perceived crime vs. actual crime.

I would not invest in any location where the population is stagnant or declining.Crime - People and companies will not move to locations perceived as dangerous.

Whether an issue is real or perceived, it must be addressed.

I don’t particularly like the word persuasion, because it could be perceived as manipulation if not done correctly...I prefer to call it influence.

@Chris McKinleysay you have a $100k house fmv House has current 85k mortgage bal15k perceived equityYou buy sub 2 existing financing, you have the deedYou can refi or sell the house or sell on lease w optionI would not sell on a wrap around mortgageSub 2s are best for buy fix and resale

Even if you think that you are looking at a property in a "safer" part of North you must ask the question "do tenants perceive this to be a safe area?"

Unfortunately, we do dislike how the renter perceives and handles things.