So, no don't tie lease performance to an option, unless you want a sale contract and that carries different interests conveyed to a buyer.Actually, the value of an option isn't based on the remaining option fee paid or an amortized amount being consumed over time.

. $14,000 but the income will be impacted slightly and the value will not increase.All and all, we are a little stuck in not knowing what to do while reno/upgrade costs keep raising and the sale price remains quite high for the area.

So he doesn't need all the money right away, but I'm not sure there is much of a tax advantage to getting all the money now as oppressed to a small percentage now and then the remaining balance in no later than 6 months. 

Then itemize these expenses and share those expenses as well as the remaining deposit back to your tenants before the required timeframe for your state.

@Spence Rodman My perspective is different, when I look for land, any remaining slab is a liability and I reduce the the value of the land accordingly based on my cost to remove the slab.Around me, slab removal would be $5-10k, assuming your talking about a 1000 to 2000ft2 slab.  

If there is any doubt about it being able to remain in operation then you need to walk, with one exception - if there is public sewer at the road already.  

You can have more than one VA loan, but the max guarantee amount remains the same, and each loan goes against it.

The property remains collateral for the debt.

Multi-Tenant retail is one of the few remaining property types, where you can still find a higher yield.I am in CT and our firm just closed on a 4 tenant retail strip center 100% occupied with all National Tenants shadow anchored to THE major shopping area in a suburb of Chicago, at a 9.25% Cap Rate, resulting in a 10+% cash-on-cash return, to our investors.

Failure to pay any installment of rent, or additional fee when due is a default under this Lease.If not paid within five (5) days after written notice by Landlord of non-payment and of intention to terminate this Lease, the Landlord may terminate this Lease, and unpaid rent for the entire remaining Lease Term shall become immediately due and payable.