I would like to compare with other policies that are offered elsewhere.

Quote from @Wade Penner: Your lease specifically states they must give 30 days notice to end a fixed-term lease.You generously offered to let them continue on a month-to-month.

:-) I have always just done American Craftsman (Home Depot) or ThermaStar (Lowe's) depending on which store is closing to my job, but truth be told I would think I could find something at a more contractor/landlord friendly price but haven't done well in locating someone yet.

Original asking was $145K but since the condition was not good we offered $125K and landed in the middle.

What terms are they offering you?

Here are some specifics:Purchase price: $955KSeller Finance offer: 20% ($190K)Reno cost: $90K Ideally we would like to do a Morby Method where we purchase the home via conventional mortgage or hard money lender and on the back end have the seller lend us the $190K with a second position lien on the property and a 5-year payback.

There are lenders that offer helocs / second mortgages on investment properties. 

I’m not familiar with “hard” money, do you offer standard foldable money?

If our tenants work outside during the day and our handyman has to spend few days to come to fix the carpet and floor, the tenants ask us if we can give them rental deduction to make up the working hours, how much rental dections should we offer them?

For a more complicated job like floor warping and plumbing he would have gotten bids on.