If it doesn’t, each party will be responsible to pay for their respective legal and court costs regardless of who wins.If it does, if you sue and win you will be entitled to be reimbursed for the costs you incurred in bringing and prevailing as to you claims.

Most liability cases are settled out of court for less than $50,000 so that would be plenty to cover your risks. 

The neighborhood has about 400 homes, a defunct pool, defunct tennis courts, and homes with an ARV around $160k.

So not only did I have to refund the deposits taken from my buyers, (15 houses),  I had 12 months in and out of court and a35K legal bill2.  

@Dean Wright you will probably have to go through the court system.

If no defined exit criteria, you chance of ending up in court are astronomical.  

@Nicole DechowI check clerk of courts online for any evictions.

I've found in my journey that there will be a need for separate attorneys..some for the business structure, lease agreements, etc, and others for processing evictions and things that actually require going to court.

The higher end of that range would be appropriate for an RV park with daily traffic and a full package of amenities (pool, clubhouse, sport courts, premium landscaping, etc).

Anything not covered by the agreement is now a choice of fighting him in court if you disagree or simply itemizing the things not covered and seeing if he leaves any of it behind.