If you were in Seattle you could not end this lease or month/month, no options at all, and you would be stuck with this person until they are carried out.

Thanks Brian, we shall see, tourism is definitely a life blood of the economy so hopefully there is a rationale compromise.

So the way I see it it's person's situation specific, as well as properties you have in your portfolio specific vs a specific amount.Good Luck!

You could set up a “deferred down payment for 12 months” or have a stepped up down payment (so much per month until number is met) It's really whatever makes sense for the two of you.Things to consider, property taxes have to be paid, repairs have to be made, vacancies have to be accounted for, insurance has to be in the name of the person on title.

Personally, I would go after base hits 

I personally have not invested in a property like this before.

If the person or service is fantastic, there is potential for A LOT of business (~160 turns per year).

I know a few people who are realtors in real life from BP and had a horrid experience with the BP lead engine. 

I guess how you handle the person by building a relationship is key here.

@Ashley DennisI think people should consider owning real estate personally (tax benefits) and inside of their retirement account.