At least now you have a stable situation although cash flow negative which sounds better than selling the house for a big loss.

However, tenant agrees landlord is not responsible for tenant's financial or physical loss of food, meals, preparation or cleaning time, and landlord is not liable to replace any food or other product lost by tenant due to spoilage, lack of heating or cooling or any other reason or circumstance.

Run don't walk away from this deal.It has taking a loss written all over it.

We bought our first property in Aug and rented it for Sept 1 and were able to count that as a year when getting a new loan because it was on our tax returns - so essentially we were landlords for 1 year and 4 months but they were fine with it.Note that if you take a loss on your tax return that money is taken out of your regular income and will hurt you when applying for a new loan

So, within 90 days they are attempting to hedge against perceived losses under tactics employed in the past by others in the RE market.

I see two options.Charge two month penalty like I stated in the current lease, refund the rest.OrCharge whatever loss I incur from her early termination.

By my REA advise I was dropping price 2 months in a row and when finally got public interest I found myself in loss.

If on the other hand you might have a loss you can carry forward that may tip the scale towards selling.

She said she has been holding steady and that “we here in the Midwest are on the bottom of food chain”.

They will be risk of loss, time until being paid, your ability to perform, what happens if you screw up the repairs, etc.