I call BS on that, because he wrote them a clear letter showing intent to vacate.Now I know it's not my problem, as the applicant signed his lease and sent me the security deposit.....However, I'd like to do him better and help him exercise his rights......Anybody know how to go about enforcing this??

I've been learning a lot and I think simple exercises like these will help me understanding the business better.

Since it is dictated by case law I don't think a book would be up to date or practical.

So I just want to confirm that it is normal practice to put in a lot of offers, sight-unseen.

since the interpretation of the IRS is that a refi immediately before a sale is a taking of profit, and since you can show a paper trail that demonstrates you were simply exercising your normal business practice, reinvesting the re proceeds in other properties and not taking cash/profit out at any time - you've got  a good argument if ever questioned.  

If they purchase, the option fee amount paid will be reduced from the purchase price to lower the purchase price on the sales agreement, after they exercise their option to purchase.* The property is not sold and title is not transferred until the tenant exercises the option to buy.

Hoping to find best practices for Llc structure and states. 

Is this pretty standard practice or something I should be concerned with?

Otherwise it's more practical to hire out.

It sounds like she's practically out the door anyway, because she was asking me how much notice she has to give, etc.So it sounds like she's out the door.