Your offer to purchase should include a requirement that the Seller provide all documentation and agree to sign an estoppel certificate (also called an estoppel form or agreement).

If walls are damaged enough to add extra cost to paint job, you can have contractor itemize that part as additional charge and deduct from security.

I responded to her FSBO ad and made my offer which she happily accepted: a 36 month lease option; I'll bring her mortgage current, (1 month, $800), and continue making the monthly payments; option to purchase price of $88K, (my estimate of value, $100K); and I had the right to buy, sell, sublet, or assign the property at any time during the 36 months.

If you are willing to put down a larger down payment it might make sense with the flexible underwriting they offer, especially if you are going to run it as a MTR. 

Have you received any offers at all?

View of SF Bay2.40M (1st appraisal) 2.45M LIST (+400K) = 2.855M OFFER2.65M (2nd appraisal) 2.70M LIST (+400K) = 3.15M OFFER ??

You'll also receive a lower ranking on Airbnb and other listing sites because you don't offer an amenity that everyone else in the area has. 

Today I was approached by someone who is offering me around $1800-1900/month to rent the property from me to run a short term / medium term rental out of it, primarily for traveling nurses or other business people.

The buyer wanted to double close so that was an additional cost.

Thank you for the offer.