Their lease is up for renewal, and contains one Option to renew, which they've notified us they want to exercise.  

Ultimately a good contract and contract management system will push the coverage on whomever is the bad actor, and any contract that contains this particular indemnification clause will fail to do so. 

I may do some modern cabins or shipping container houses.

The information contained in this post is not to be relied upon. 

So does the LOI contain a clause allowing the buyer to back out if the financials are garbage?

That is your opinion and it's obviously the way you have run your appraisal company...and for years, I can tell, even though you didn't fill out your profile.I'd like to see you fill out your profile so that other reading this thread, not necessarily for those commenting in this thread, but for the public to get a better picture of what you are saying and where you are coming from.BP is a social networking site, while it does contain some very good discussions and has some very good information, especially mine (lol), it is not the University of Real Estate where experience and knowledge is the basis for any qualification.

If that tenant confirms what happened with the police coming etc, then I would explain to them that the lease contains clauses prohibiting disturbing other tenants and neighbors etc.

At the same time, Erlich (who rents the rooms in his home to Jared and the other characters trying to build the fictional tech company Pied Piper) is demanding one of his tenants and soon-to-be-supervillain Jian Yang leave his house (video contains NSFW language) and unfortunately lets Jared’s situation slip.

"Texas is one of the few states that allows parties to recover attorneys’ fees even if the contract itself does not contain an attorneys’ fees provision."

It contains hundreds of files such as ebooks, checklists and spreadsheets for real estate investors: https://www.biggerpockets.com/files9.