Are you saying that even the option consideration, which applies to the purchase price if the option is exercised, should be totally avoided?

"A rising tide lifts all ships"

I can use any legal criteria to eliminate a potential tenant from consideration at any point in the process.

That's an important consideration.

Ok, that was an important point to leave out :) That changes things considerably.

And there is no new dept on my credit report, how could my score drop 70 points and if I pay off school loans in full how long and how much could it rise.

Also, less comparative to SFHs in a neighborhood, no matter how much better your unit is you pretty much have a cap for max rent comparative to other units in complex.Maybe it was because I got burned but for me I would do my best to break even and get out if I was him because HOA fees and taxes will likely continue to rise, but that is strictly my opiion.Second part“Setup a sale of the property quickly, take the profits of the sale and do a 1031 on a downpayment of SFH's or a MFH.

Yes, I generally like to provide consideration when I sign a contract to ensure that it is binding.

We will spend considerable time showing you how to beat, minimize and shift the risk of the due on clause.Legal?

I recently acquired a vacant 6 unit building in a very good area (definitely A class) using private money from my investor.I cater to a specific niche market of renters that allows me to charge considerably (~15%) more than market rent for my units.