It states that he can break the lease at any time under these conditions… 1.He forfeits all deposits2.He must pay for all costs to lease the property to a new tenant (i.e. posting fees, rental signs, etc.)3.He must pay full rent until its leased again4.He must pay ½ months rent in an early termination fee.If it comes up again I intend to offer that to him as an alternative.There are about 9 months left on the lease, not sure why he would want to lose the entire deposit to go to another location an pay a new deposit and a pet deposit.

After reading so many stories of success here on the site and really thinking pretty heavily on my future I had moved to the conclusion of renting out the home rather than “house-hacking” or making the home my primary residence.

Hi Bob,When purchasing apartments/multifamily, there are 10 main reports you want to obtain during the due diligence phase (between contract and close):Financial document auditInternal property condition assessmentMarket surveyLease auditUnit walk reportSite surveyProperty condition assessmentenvironmental site assessmentAppraisalGreen reportMuch more involved than due diligence on a SFR.

I've been reading a lot of articles, watching videos joined different real estate investor sites such as BP.

I've been reading a lot of articles, watching videos joined different real estate investor sites such as BP.

Any links to a beginner's curriculum of study (e.g. the top couple of books to read, or the main topics you should study before jumping in) on the BP site or elsewhere would be much appreciated.And finally:I would love to connect with folks both in my area and out of area, so let's!

Even if I lose I am not bothered.I also bought a deed to a nice 3 bedroom house. 

I have been doing a LOT of research, visiting various sites online.

There are tremendous resources on this site for you to use.Attend local REIA meetings and connect with like-minded investors: https://www.biggerpockets.com/forums/521-events-and-happeningsRead the Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingListen to the BP Podcasts:https://www.biggerpockets.com/podcast

Also this creates more interested in the the rental as people don't like to lose out to another tenant.