As for vetting buyers, many brokers screw up co-op board packages, so it's not uncommon for FSBO co-op deals to fall apart or end up with board turn downs based on things that could have been flagged early on. 

It isn't uncommon for the lender to also stipulate that the property be professionally managed.

I'd ask for the camera footage if the person who did the inspection has it and shop around, it is not uncommon for a vendor to see the value of a house, size someone up and recommend higher priced fixes than are necessary.

@Akeim Fin I haven't done it, though I've seen leases for only part of the year of course, especially in student situations.My thought is, sure you can try to put such fees in, but collecting on them if the tenants didn't pay those would be a different matter entirely.I think if you did this in an A or maybe B area, you might stand a chance of having people pay those fees, but I wouldn't count on them.And as you said, it's a legal question in general, and involves doing something in a lease which is uncommon, so I think it's one best posed to your attorney anyway.

It’s not uncommon, and is allowed more often than you think.

If the construction company is legitimate, this arrangement is not uncommon.

This type deal is not uncommon in Memphis, and out of state investors get burned when they focus on the paper returns and don't realize the unique challenges presented by the tenant class.

It's not uncommon for tenants to send in maintenance requests that are either generally difficult to understand or it's difficult to tell how to prioritize (do I need a plumber out now, on a Sunday at midnight or can it wait till Monday morning).I usually e-mail back for clarification or pick up the phone and ask.

See, this is why I hate to rent apartments in new purchases that I haven't personally renovated-- and when I do have to rent a unit in that situation, it is not uncommon to find a slew of "little stuff" right at move in.

The economic occupancy with B and C-class in Providence is pretty challenging and it's not uncommon to be running a 5% delinquency rate.