Thank you to everyone who responded.I did not offer to change any language in the agreement, as I feel this undermines the authority of the lease; I did provide scope clarifications and will reflect these changes in the language of the lease going forward.

Again, I mentioned this to convey the idea that tax valuations don't necessarily reflect the current house conditions.

At such a low risk, it's hard to bring yourself to paying a rate that reflects a great deal of risk.

I really hate to see people taken advantage of, your willingness to take the time to write such detailed explanations reflects well on both of you.  

When I reflected back a bit, I came to the conclusion that I can do better if I just stick to my market. 

You will most likely also find that a substantial portion of these violations will reflect absentee owners as well. 

If only there was a metric that would reflect RISK.  

Towns like Jersey City and Union in Union County -- two of the most culturally and racially diverse towns in the state -- look like colored television static, with a near even distribution of each racial category.The Route 1 and 9 corridor shimmers green, reflecting the the vast number of immigrants who have settled in the region from Asia.

There are lenders that will loan on non-warrantable projects, but the rate reflects the fact that it is in fact non-warrantable.

Now that I've time to reflect, I don't see what all the fear mongering was really about.