The tenants lawyer was able to argue that the lease automatically renewed for another year.

However, I've shifted my thinking a bit.

My general rule of thumb is if it is negative and home related on their credit that’s an automatic pass.  

Obviously I would like to shift all accountability to the tenant.

Whenever someone calls me to ask about refinancing and tells me they are at 2.5% or 2%, I kind of automatically know it's a vintage 2005-2007 mortgage.As long as you're not making whimsical assumptions about appreciation being "guaranteed at 10% per year every single year" and silly stuff like that to make your numbers work, you're fine.

LolIt would be more work, but it sounds better than getting the standard percentage for billboard leases. (15-20%)Originally posted by @Justin Vermuth:The billboard would remain the property of Lamar unless you terminated and they failed to take it.So the lease is not automatically terminated even though the contract with the county states it's "free and clear of any and all encumbrances"?

Still shifting my mindset. 

:@Ben Gabin ifni were an investor that could funnel one on market sale per month, I would get my real estate license and make the 3% commission myself.True That. an automatic 1 deal per month is worth getting your licensre 

To add my $0.02, you may want to shift all that amazing efforts on other deals and I promise you, with your fortitude, you will get Mom a better house than this. 

Do you think there will be a shift once I send them a pre-approval letter?