Good examples include, a fridge with broken door shelves (sometimes just worth replacing fridge), harvest gold,  dated dishwashers!

So, no don't tie lease performance to an option, unless you want a sale contract and that carries different interests conveyed to a buyer.Actually, the value of an option isn't based on the remaining option fee paid or an amortized amount being consumed over time.

BUT seller financing carries a huge responsibility and one that should not be taken lightly.

You've done the biggest part, you just need to carry on with the good work.As it's been previously said, get around people who are in the action and you'll become like them.

Also, a reminder that you get no gold star for cleaning up tenant trash or mess left behind in kitchen.

I guess in the current market if you're gonna really score you need to be willing to accept a black eye or two most of the time.Is the seller carrying paper?

Little houses are set up well just to act above board and carry good insurance.By 'the business', do you mean owning rentals?  

A good mortgage broker is worth their weight in gold.

On the plus side, they have much lower maintenance costs and some of the insurance etc is carried by the HOA.

I've had at least one with a young teenager who made me REALLY glad I carry a water key in my truck from what they left behind if you know what I mean).Once the place it rented and with SFH it's up the tenants to take care of the all the utilities except, perhaps, trash pickup.Gail