Mr Tenant, Im very excited about the opportunity to be your landlord and provide better service then you've experienced in the past" (side note it helps if you've already demonstrated your increased service) "As you know the renewal time is coming up quickly.

I shifted to a small new home build and it generates nice monthly cash flow and equity since.I wish you all the best.

I'm very aware that this could end up being very expensive, I had a lawyer bring up to me that this could also cost more to get a lawyer then it's actually worth.

Their requirement to return 90% of revenue to the investors makes things very difficult if they are borrowing money in a challenging rate investment. 

I've used them (not sure if I can name, but starts with an R and ends with an A) on about 6 or 7 of my deals so far and its true 100%, no money down financing.The only catch is that they cross collateralize against other properties you own - including your primary residence.But they close and are very thorough.Their appraiser and rehab inspectors are very good too.

That's going to give you the best terms.

i suspect you'll say "too expensive," but out of state comes with challenges too, and getting crushed by deferred maintenance and overpriced contractors is actually very expensive.memphis in particular - to be successful there, you'll need a team and a strategy, not just interest solely because it's "cheap" to buy there. 

Going the attorney route will take time and money, but it could be your best bet if the developer refuses to renegotiate directly.All the best!

AirDNA is best used to check your work.

The property is owned by a company that does exclusively section 8 and I have been told their vetting is very thorough.