Are you happy with your choice? 

It looks like they tried to clean items, but in reality ended up putting items back that were not sufficiently cleaned.  

But I guess it is important to be careful but I think if I can manage things right having credit card options can help me have a bigger cushion to work with and diversify debt choices.

We have sufficient cash reserves to cover maintenance and repairs, so while we are living there we won't be setting that aside.

Thats fine, his choice to use substandard services.

You will also have choices of mutual funds to invest.

@Sean Peters I think your attorney friend is your best resource in this, but if your tenant has an option to renew that's a part of his lease, I think you have no choice but to honor it - unless you evict for breach of contract.I suspect that if you do not evict and then raised the rent beyond what the contract allowed, a court would find you in breach of contract.If you do evict, be sure that you have your documentation complete right down to the letter.  

If a person works less than 60 hrs a week, there is sufficient time to make a lot of money in real estate if you are willing to work it yourself.

Curious what choice you ended making to get seed capital?

Best way is to obtain authorizations for release of credit, tax returns, assets and liabilities, then send copies or get several originals to use, mail them  and obtain information directly from the source, this cuts out the chance of fraudulent statements.You also need to underwrite the type of business, what hazards are present, toxics, fire, insurance coverage, competition with other tenants, traffic counts, environmental laws applicable to them as well as your infrastructure being sufficient for tha use.....electrical, plumbing, traps, fire codes, etc.