The house was purchased with the intent for them to live there until they cannot live on their own anymore.

You have 30 days to notify them of your intent to make a claim against the security deposit.

It appears that tenant was on suicide watch and had a terminal illness.

However, I'm sure you are not going to shot yourself in a foot by intentionally committing a prohibited transaction, even if you don't have a custodian, will you?

If your intention would be to wholesale it to a Flipper, your Maximum Allowable Offer (MAO) for this one should be no more than Land value x 70%, minus tear down cost, minus your Fee (even if you think the house can be rescued).In general, when doing your analysis, the Sellers' mortgage is irrelevant to you.

HI GuysMy intent was misunderstood.

Either party may pay costs required in keeping with the intent of this agreement and be entitled to half such disbursements as well as costs of collection and it is further agreed that the prevailing party shall be entitled to costs of court arising out of any order by any court of proper jurisdiction.

Let me figure out how to do the day to day stuff, and I"ll ask them for the more complex stuff.  

They are refusing the exterminator, claiming that their child became ill (months later) from the last spraying.We are concerned that:a: the roaches will spread to other unitsb: the tenants may claim retaliation if we give them a 60 day noticeAny advice from the community?

We do not need any of the cash flow, so our intent would be to get the investor paid of ASAP, as in all additional monies would go to our investor first.