Of course your contractor would love to paint the whole house.. it might be ok if you just do the touch up again.I'd at least give that a try first..in one room and see how it turns out.Normal wear and tear it's rather average to expect to do interior painting after a tenant leaves.. so I bet your going to be hard pressed to keep $$ to cover that. 

When she meets with the CEO on Monday, I bet they offer her more money if she stays ... employers are like banks, once they figure out that you don't need them it only makes them want you more.

No matter what just the implications he should pay late will leave a bad taste in her mouth and I bet you have issues next month too.

Kind regardsStuartYour best bet is to have a real estate attorney in your area craft a contract that is bulletproof.  

Hey Chris, there are quite a few popular ones that most investors use.

The finished project will have 16 office buildings and will hold around 16,000 Cerner employees; mostly IT jobs.Since the project was officially announced back in 2014, I have seen countless investors scramble to scope up as many SFRs in this area as they can, betting on increasing rents and property values.  

The tenant owns absolutely nothing until they exercise the option and close on the property.Otherwise, they are merely a renter and can be evicted like any other renter if they miss payments and break the rules laid out in the lease agreement.Yeah, reading through the forums here it's apparently a popular issue where tenants being evicted sue for equitable rights landlords who didn't follow the rules closely enough, dodd frank/safe act, charging tenants too much in repairs or for 'disguising' a financed sale in a lease option etc.

I suggest you spend sometime to understand the history of the markets which you plan to invest in and make your bet accordingly.

To that he answered: your best bet is to talk this through with the seller and try to come up with an arrangement so that he does it.This deal is in trouble and the legal due diligence is coping with a hard red flag:- On the one hand, my business instinct tells me to walk away because something smells shady and can have very bad consequences down the road.- On the other hand, this is a very good deal for the following reasons     - Very good area     - Good cashflow, even if we were to ignore the basement and only consider 3 unit

I'll bet it's a major consideration for families (behind safety and school district).