Two weeks after graduating I was in escrow on a 5,000 square foot piece of dirt a block from the beach with the intent of building three homes on it fashioned after the typology one my teachers and mentor, Brett Farrow had pioneered here in San Diego.

Hopefully that good heart intention and time spent will come back at you!

As an example, if you carry a property for over a year and can demonstrate intent to have kept it as a Buy and Hold (Brandon Turner can correct me if I'm wrong), you can take that as Capital Gains instead of Ordinary Income.

Doesn't mean you do not have ethics just that you are not bound by those or can get sanctioned by those.Many brokers and agents hold active licenses and are NOT part of NAR by choice.Even though you might not have a signed listing agreement with a seller you have to be very clear on your intentions.

Best quote I ever read about being successful:When you want to succeed as bad as you want to breath, then you will be successful- Eric Thomas

The intent is to deceive.

So buying with the intention of never occupying, or moving out in a week, would probably be fraud.  

David,  Not if intent was to flip.

If you are intent on fighting the issue I would get in touch with a lawyer, my guess is that fighting the issue may cost much more than $500 if you did agree to Cover the cost of pest control in your lease.  

Don't accuse him of an intention of not paying in full.