Thanks  Also remember that these insurance companies cover damage by guests, but not typically issues related to contractors, service providers and vendors.

Should they not heed your warning, you can notify any smoking damage will be taken out of the deposit. 

Hello, i was just wondering if metal roofs are prone to hail damage? 

No financials are available and no one else has access to the account except him.We are trying to reorganize and set up a proper structure for the HOA, and the first thing we face is we can't even hold an annual meeting because two of the owners are overseas and can't attend physically. 

But if the roof is bad or there is structural damage that's a no go.

The structure incurred "substantial structural damage" which triggered code upgrade requirements which rendered repairs in excess of the insurance policy, which rendered it a constructive total loss. 

Looking to rehab a fire damaged property. 

Not just from missed rent, but damage/repairs, costs of eviction, etc.After numbers that work for you, finding a good residents for each door you have is key to success. 

I manage my properties in Oklahoma, and our Landlord Tenant act specifies that you security deposits can be used upon termination of the tenancy to correct any damages, but my understanding is that you are not able to utilize them for any reason until that point.

See lines 268-276 on page 7 of the state contract:"DEFAULT OF AGREEMENT BY BUYER: In the event of any default of this Agreement by the BUYER, the SELLER shall have at the SELLER’S option the right to declare this Agreement null and void with no further demand, or to demand and sue for any of the following: 1) Termination of this Agreement; 2) Specific performance; 3) Termination of this Agreement and an amount equal to 10% of the Sale Price as stipulated damages.