(NO ADVERTISEMENT INTENDED OR IMPLIED IN THIS RESPONSE)I have two others in "in the middle of the country". 

@Ken Thakar if the property is truly NNN meaning the owner is not responsible for any costs, your NOI is whatever annual lease payment the tenant is paying you.

:@Khang NguyenAll of the renovations you performed prior to putting your property into service should be capitalized .... it matters not that the property was in-service under the prior owner, you took vacant possession and renovated prior to returning it to service.Additionally, much/most of the work performed during a substantial renovation is considered a capital expenditure, not an expense.Hi Roy,Appreciate the response. 

addendums are always in most markets the responsibility of the agents to write..

Make sure the tenants will be responsible for the utilities otherwise you're going to have to factor in getting the place sub-metered for electrical/water (if it isn't already), which can be costly. 

On the big minus side, of course she could manage to default again and then we'd be responsible for kicking her out.My questions: is there any way to reopen the case with her upcoming income?

Thank you all for your responses.

Our lease says the tenants are responsible for water, sewer and trash.

Gauge the tenant's response and proceed accordingly.

Thanks in advance for your responses!