Hi @John Alosio, en essence a lease-purchase option is simply a lease with an added "right" for the buyer, namely the right to purchase the property during the option period under the pre-established terms and conditions.So, if you entered into a lease-purchase agreement with the tenant in Unit 2, everything would remain the same for you until and if they execute their option to purchase. 

Just have to run the numbers and see how far the remaining funds after taxes takes you.

I remain firm on my outlook that it’s a great time to buy.

We are in an environment of unprecedented cap rate compression and record low interest rates which is only headed in one direction after this is all over.Yes, make no mistake, the music will soon stop.That has very little to do with an upcoming election and is regardless of who wins the White House or who controls congress after November.If you've listened to Kevin Bupp and Rod Khleif, you know what happened to their portfolios in 2008.These were no amateurs, as a matter of fact, they had many years of investment experience when the music stopped.They both weathered the storm and came back stronger and that is why I remain a shameless fan of both men till today.Several others were not that lucky, and you will never hear their names.In this space today, there are investors and there are educators.The educators have taken over the habitat.That is why there are now more podcasts on real estate than I can get through in a working week.Real Estate education is so very lucrative now that it is possible to make way more money from podcasts and books than in actual real estate investment for some gifted marketers with smooth tongues and gifted content creators.more....To read full article,click link below:https://www.biggerpockets.com/...

Sounds like the only way she can keep all 7 cats and rent is to remain at your place.

After all the damaging and cleaning cost, can I keep the remaining balance of the security deposit for the Sept rent that she owes?

The goal was to BRRRR everything, but we have a lot of equity tied up in the portfolio which we are in the process of refinancing out. 

This is okay and part of my family's and I arrangement.On to Step 280% to All remaining capital will get reinvested into properties.There are a couple of options to go about now.Option 1 - I am looking at cash flow properties out of state, such as PA and CT.

Ours is a simple 'multiple of rent' - example is "100 times monthly rent" - If rent is currently $1500 the value is 150K.2) IF someone want out, the remaining partners have Right of First Refusal.

@Jacob Lange I would remain open to either option, there's a lot of single family properties that have potential to increase value significantly.