Tenants are extremely hard on appliances, it is not uncommon.Landlord Responsibilities: Landlord will at all times during the tenancy keep the premises fit for human habitation, and shall in particular:a.Cultivate, care for and mow surrounding grass, lawn, flowers, and shrubberyb.Maintain the premises to substantially comply with any applicable code, statue, ordinance, or regulation governing the premisec.Maintain the roof, floors, walls, foundations, and all other structural components in reasonable good repair as to be usable and capable of resisting normal loadsd.Keep any shared or common areas reasonable clean, sanitary, and safe from defects increasing the hazards of fire or accidente.Provide a reasonable program for the control of infestation by insects, rodents, and other pests at move in f.Except where the condition is attributable to normal wear and tear, make repairs and arrangements necessary to put and keep the premises in as good condition as at move ing.Provide reasonably adequate locks and provide keys to the tenanth.Maintain all electrical, plumbing (main lines), heating, and other facilities and appliances supplied by Landlord in reasonably good working orderi.Maintain the unit in reasonably weather tight conditionj.Provide facilities adequate to supply heat and water and hot water as reasonably required by the tenant

@Christina Babayan  Look at your deed see how you took title.. if you took title as tenants in common .. then you both have an undefined 50% interest in the property and this other math spat is what needs to be settled.. the proceeds check will be made out to both of you .. if your arguing over the proceeds..

Then I checked around and that's not common in other areas.

Welcome to the site @Chris Lane, We have a lot in common!

Finding a suitable partner may be more challenging, but if you're interested in making money in RE we have enough in common to at least discuss.  

Are murders like this a common occurrence or exceedingly rare.

Our lawyer is concerned the developer may turn out to be a shell corporation that they will close once the house is sold so we have no recourse against them if anything goes wrong.Is it common to require this clause in the contract?

Just using common sense and getting multiple unrelated opinions will help you save your bacon...I am not trying to pimp myself, but I feel like people need options when looking at Indy real estate investing..  

Central location - relatively motivated sellers - mostly fed subsidized (mental health) - is it worth renovating and raising rents      - is it possible - small Apts (mostly 1 br) - option to hold and cash flow then repurpose as city changes zoning / vision How do you finance a large commercial purchase like this - % down / LTV - amortization / ARM - cash flow requirements - inspection requirements - special clauses for maintenance refinance options later Asset or personal info more important Code requirements for commercial loan Deferred maintenance list -What are main issues with 50 year old apartment building ?

I'm surprised by how often the B Buyer doesn't do this.Here are a couple of the most common reasons people use Extended Transactional Funding:1) The Seller has a restriction as part of the Purchase contract that requires that the property not transfer title for a specified period of time. 2) The C End Buyer is getting a loan and the C Lender requires that the B Buyer be the owner of record for a specified period of time.