Let's say you want to break up the 4plex and sell as individual units. 

Finally, retrieve a large security deposit (and last month's rent - if possible - also break up if necessary) and write all protective terms and costs within your lease which shall be attached to their housing application and lease.

It includes real-life examples to provide inspiration and break up the educational content (a "bonus chapter" at the end of the book briefly highlights 12 more investor stories).

So just to clarify this discussion, if the prospective tenant has signed a lease and paid a deposit, non-refundable pet fee and the first month's rent and they decide they want to cancel the lease (boyfriend/girlfriend breakup), what do I get to keep?

Once I remember the tenants were late on the rent about that same time as the break up - which makes sense i suppose. 

Which really helped breakup the bore.

I would recommend including a provision for a 3-5% "breakup fee," so that you receive some compensation for your time if another bidder comes in higher than your contract.Just suggestions, not legal advice.

To break up the "all one color" look, I'll paint the hallway/stairway/entry way or some other small "transition" area between rooms a different color like white etc...depends on the house layout but it helps break up the monochromatic looks of every single wall being the exact same color.Last one I did all the rooms were the same light gray color....but the stairway.... which had a very high ceiling ....which I never wanted to paint again.....ever.......

I have done by (1) Purchasing the remainer interest with a (I think I use a grant deed) (2) ending the life estate simlar to severing a joint tenancy.I would break up your deal into a few steps because there are so many parts that need attention.  

I know this thread is old but has for anyone looking, Broker Breakup might be a good option, especially for investors.