If the option fee IS being credited toward the purchase, it simply reduces the amount of down payment they need, it does Not lower the purchase price.

In my area that only reduces the value of the house by $1,500 so no biggie, I'm in Florida remember :)The only contractor that came out to see it yesterday does not do repairs to the actual fireplace inside but can seal the chimney.

Meaning the lease amount is 700 a month but to get that for the area the security deposit was waived or reduced.

I have been getting busier and busier so I have started working on a web site to reduce the time required. 

He goes on to say his rent should be reduced by at LEAST $75 (see mistake number 1 lol).

If the agents marketing introduced you to seller, and the seller cannot get out of The listing agreement, then the seller may be viable for the commission regardless.Great deal never work going through the agent first, so get the seller to agree, and then have the seller negotiate with the agent as far as a reduced commission or just a fee to reimburse them for marketing.

If you are coming out of pocket every month you could possibly demonstrate a hardship to the lender and get your mortgage interest rate reduced for less of a monthly payment.If you are flush with cash and have great credit then really your stuck as a rental until the value recovers.No legal advice.

In a very bad scenario, the structure is damaged, the land value is reduced (I heard that happened after one of the previous earthquakes here before) and there is still a mortgage payment every month with no rental income.

I also haven't seen sellers reduce the price.

We've currently reduced it to 2375$ after we havent had much luck.We've had maybe 10 people interested in the past 2 months that connect by email and never return any emails and 3 showings.