The more people there are the more traffic through the apartment the more damage to walls floor etc....I love leasing to people who have small familes i.e. mom dad one kid elderly couples etc....just some food for thought.

Food for thought.

If so then a smaller % return similar to what a HML would charge I think would be appropriate.If they are willing to take on more risk and if things went south share in the loss then a higher cut of the profits is in order.I currently operate with an investor in this same scenario.  

It's there to protect your other assets not like normal insurance were it covers you for a certain amount of loss.

Hi,If I have income and losses from different real estate activities (e.g rental loss and trust deed income), can the loss from rental business be offset against the income from trust deeds?

(Conventional is out since I have less than stellar credit, around 690 due to a job loss in 2010 and getting behind on bills). 

It's a loss if you account for all your expenses.

Tell them you are willing to pay for the items on the list if this gets you to closing table in two weeks; if they keep asking for things you will never get the deal closed and it's time to put it back on the market cut your losses and move on!  

Clear communication with the tenant from the beginning and a sufficient security deposit to cover your real losses is a better approach.

Gas stations, elevators, convenience stores, Starbucks, fast-food places, you name it, if there are people around I'm 10 second pitchn'n them!