I would also ask for near 100% vendor financing (an earn out) to give incentive to start getting the property to perform .

Prepare ahead of time by identifying issues and questions you have, and see how they perform.

Owners love having a portal to access their property information and performance in real time. “ Ante VujicTenantCloud “I do all of that with TenantCloud and have closed my paid account with AF.

They are two separate agreements.An option may not be contingent on performance of any kind, if the option is paid for they purchased that right to purchase at a set price over that term.

This is setting an honest expectation with the seller that you may or may not perform.

That's why I prefer shared housing and am actually trying our model on a couple of inner city homes to see how it performs.

I think in their defense, if they do a great job selecting a tenant then the renewal fee is kind of like getting a performance bonus.

If I buy a non-performing note on a vacant property, does that give me ownership of the home?

They perform limited tests and note their findings which usually end with recommending the specialized trade to inspect further or replace.Yes, Texas is WAY DIFFERENT than California.

I would guarantee they would perform by offering to exchange any contract that stops performing with another one that is performing.