*This post does not create an attorney-client or CPA-client relationship. 

We don’t have a clause in our contract to account for this, and we have been actively looking for new renters with no luck so far.

Quote from @Samuel Eddinger: @Felicia Otoo - I'm a CT based investor. 

In this case, the vendor was a home inspector.

Currently building my portfolio as an investor, I look forward to connecting with and learning from you all excited to be here. 

I have a nice hi-rise condo unit and I get tons of companies asking if I do MTRs for Visiting Nurses, Tech Professionals, etc.My place is positioned near a number of large DC Metro Hospitals, but since covid work-from-home and recent lift of Eviction Moritorium, I have had few people with jobs, but a ton of people recently evicted looking to rent my place.The one viable group - visiting nurses has been excluded because my HOA will not allow short or mid-term rentals (anything less than one year is a No-No).They claim too many transient tenants cause excessive wear and tear on the property and too many people using resources like the gym, or pool or common areas.I think that's a lot of horse waste!

To "soften" or reach a compromised we agreed to ONLY have $30K of the $60K in funds be considered "OPTION CONSIDERATION" funds (giving us the EXCLUSIVE RIGHT to buy the property at the $300K Purchase price) and the OTHER $30K of funds would be STILL be given to them but we informed them that it likely will be consider TAXABLE INCOME to them.

I'm genuinely looking forward joining this investment community.

I am not familiar with this at all.

Lots of learning!