Obviously if this is expected, it needs to be in the signed lease agreement.

From a consumer's perspective it might seem unjust but that is the agreement you entered when you chose to purchase the nights at that property and should have done the right due diligence.

*ps I know LLC setup isn't really $1k, but since OZ slightly more tricky I leave some buffer for legal/tax consulting, QOF/OZ compliant Op agreements, etc. in the "setup" costs.

I worked with a RE attorney who provided the boilerplate purchase and sell agreement and he also kept us on schedule with all other necessary documents that needed signatures via DocuSign. 

(slightly less) With hard money you can always restructure your LLC via an operating agreement, bring on a partner or family member (wife even) with decent credit and use them to qualify.

Did you have a Buyer Broker Agreement with the agent/brokerage?

You could use the operating agreement to set up ownership percentages.   

You and the owner enter into an agreement to where if you front the rehab cost- the both of you can split the profit once the property is sold.

When I asked Saunya to go take a look at the house again to see if MW had performed some repairs I demanded that he do before I pay any additional payment, she found out that the tenant had already moved in.I found late that (I'll include these in point form to try to keep this from being a 100-page read):-tenant had moved in by the time MW told me about this potential tenant-tenant had paid a $2,000 security deposit and close to 2.5 months rent all of which MW pocketed as his claim that I still owed him money (I refused to pay him anything until all the deficiencies were completed)-I still don't recall signing a property management agreement with MW so somehow he just rented out my house without my acknowledgement and of course pocketed the rent money and the security depositI don't know why it took me so long but by the end of October, depending on who you talk to, I either fired MW (even though we didn't have an agreement) or MW fired me as an owner.

Do I ask for an inspection contingency in the purchase agreement?