They both agreed that one of the better ways to buyout  tenants in this city is to begin temporary eviction proceedings in order to perform work to the property and engage in negotiations with the tenant after those proceedings have begun.  

Hi @Rian Greenberg, if you’re an accredited investor there is an investment product called a DST (Delaware Statutory Trust) that might be beneficial for you to learn about if you decide to perform a 1031 exchange.DSTs eliminate the day-to-day hassles of property management, allowing for more free time to do the things that are more important.

2nd Annual Residential Mortgage Notes, Non- & Re-Performing Loans Symposium June 8-9 in Dana Point, California.

If the tenant doesn't like the terms of your pet policy, such as paying pet rent, pet fees, and/or a pet deposit, he may want to pursue the disability/reasonable accommodation route.As far as his idea that this pet will become a service animal at a later time, what type of work does the tenant want to train the dog to perform? 

Our contract was very basic, simply statement of their labor rates and that they would hold a materials deposit, plus my addendum stating all the work that needed to be performed, but no phases.

This means that the performance of each school can change.  

I've done quick searches around Columbia, Lawrenceburg, and Jackson and see plenty for sale, but I'm not sure on how they perform. 

If you want to shoot me a PM I can give you a link so you can see how are market is performing.

I did the numbers right on the rental (at least its performing exceptionally well so far).

This also keeps risk from one deal separated from risks of another deal (whether slip and fall lawsuit risk or investment performance risk).