If your lease contract is much more thorough and comprehensive than the lease they're on now, you may want to try having the current residents sign a new lease using your contract (you would probably need a mutual termination agreement as well to void out the existing lease; again, I'm not a lawyer, so definitely worth consulting one!).

Come talk about your worries and success stories about private money lending, as well as to share your experiences and ask questions!

I have lived in this home for 4 years now and love my 4.75% rate as well as the equity I’ve seen in those 4 years.

Most older homes in SC are ventilated and breathe fairly well, so mold in the living space/attic typically isnt an issue unless there is a water leak where there is constant, excessive moisture.

I've been in Phoenix for most of my life, I know a lot about the market areas here as well as what golf courses are good!  

There are many long-term rentals, and rents are relatively cheaper here but considering the current interest rate market I am not sure how well they're performing.

Also if your working with a GC they should have contacts at these suppliers as well.

@Gary Barella, very well said!

Hope life and biz is going well for you.  

I like ground up development as well.