@Theresa Harris The agent isn’t the person responsible for disclosing defects - that doesn’t make any sense!

He plays for his school.

His reasons were: a) he can borrow capital improvement budget, thereby not diluting LP returns and b) he could not underwrite yield maintenance.He continued to imply that his business model will remain short term holds (under 5 years) so this debt works for him and is better than fixed rate.My question to this community: would you still be willing to invest with an operator taking out floating rate debt in today's world?

Is it because he doesn't have enough space to get his trucks through? 

Great response.

Then I could keep his/her deposit money and any capital improvements put into the building.

plus as others have posted, added $$ and who’s responsible for removing and reinstalling for each reroof?  

Client B: Rob is currently under contract for a house for his little sister to live in.

What ever I have been reading on this it seems Landlord is always responsible :( which is sad as landlord is not living in the house and has no control how a tenant keeps the house. 

Because I would not sleep at night knowing I have a mortgage on a property that someone else is responsible for paying.