Fast forward 3 days later and we still don't have official application or signed lease, but they have sent us an email with extensive questions regarding the lease that have raised the last red flag (including a lot of quotes regarding state laws).

How to you schedule cleaners?

Just set your tenants on 6 month leases and update the rents twice a year if it worries you that much.But if there are more restrictions, like a city-wide proposal that only allows you to increase the rents 3% per year, be on the watch for a MAJOR retaliation from landlords city wide.Here’s the thing about business-minded people… you can’t tax them.

This decision is not easy so I just renewed my leases, and keep the rents coming until next year.

We ended up putting a clause in the lease that we covered utilities (solid waste, gas, electricity, water, etc), but if any single bill exceeded $200 it would be charged as additional rent that was due with the next months rent.

I wanted to get peoples opinion on the state specific lease offered through BP.

Seller must provide an up-to-date lease agreement of every tenant (no month to month or handshake agreement)Seller must provide last 12 months of rent rolls (showing that every tenant is paying on time/no deadbeat tenant)If there is a security deposit, it needs to be signed over to the buyer at closing (so that the renter isn't required to pay another security deposit to start a lease with you)Is there a Property Management in place?

Some are long term holds and some are Rent to Owns (aka Lease options). 

Hello,I have been doing some research the past couple months on lease options, in particular sandwich lease options.

This is the 2nd time I'm asking for help so I will re-word and be brief as I've yet to get a satisfactory answer.....A hypothetical situation:Joe currently lives in a house on a lease option to purchase.