That suit will almost certainly involve the regulator for that profession and the possible removal of their license.Problems occur in most real estate transactions.

I'd get people who didn't "get" the idea of an answering service and try to strong-arm the call taker into contacting me directly.People would hang up, call back, hang up, and then leave nasty messages to the effect of "I've tried to reach Jeff several times but he hasn't returned my call."

Your lease should have a notices required recital, certified mail, return receipt requested to the address of the tenant, notice effective upon the mailing.

If suit has not been filed, revise the move-out charge form and remove all the items you listed related to dirt or damages.

Math is not my strong suit.

What you are talking about is a down payment, so if you can get 80% of the property financed at 4.5% and use the LOC for the other 20%, your effective interest rate would be much easier to deal with.

I got a call the other day from a potential seller that owns a nearby 75 suite hotel that he would like to sell asap.

No, your lease will remain in effect and pass on to new owners of mineral estate. 

There are some new guidelines going into effect in August 2015. 

I go to the first thursday meeting of every month at the Embassy suites in Charleston, SC.