The cigarette butt disposal and smoking are detailed in the lease as well.

When you put no money down, it can be tight on multi families, even if it looks like the rent will cover the whole PITI, even with extra left over!

Multiple options also forces them to discuss their wants in more detail which will help me find a win win.  

There are a lot of extra costs that come with MFRs that many forget about.

The details of the deal are below: Purchase Price: $165k Mortgage: $990 HOA: $100 / mo.Capex: (figured based off roughly 1% of purchase price): $130 / mo.

We are in the process of selling a home and wondered if anyone can clarify on the detail of the 2 out of 5 year rule.  

Thus I entered REI 5 years ago.I"m a strong believer in the BRRRR method, and am comfortable with the extra leverage....to help wealth grow faster.So, I'm looking for fix and hold rental properties that will earn 10% to 20% IRR.

Work out all the details with them.  

Let's pretend it's a generous 1 yr CD with no early withdrawal penalty.7 year CD: 2% and penalized six months of interest if you pull funds out early.If you pull funds out after exactly 12 months, it's a wash:1 yr CD @ 1 yr: $10k * 1% = $100.7 yr CD @ 1 yr with penalty: $10k * 2% - [$10k * 2% / 2] = $100.After 18 months...1 yr CD @ 1.5 years: $10k * 1% * 1.5 years = $150.7 yr CD @ 1.5 years and penalized six months of interest: $10k * 2% * 1.5 years - [$10k * 2% * 0.5 years] = $200.So there's your low risk / low reward "CD hacking" tip of the day to get rich by earning an extra $50 on $10k after a year and a half.

You will have to walk through your own detailed analysis and get back up documentation (e.g. contracts, bills) to confirm everything possible.A larger scale owner probably used more 'sophisticated' systems.