That's blue-collar mentality.

Gives an opportunity to mentally plan the day, read, you get the drill.

I think not only they should pay for the damage, but also for the harassment and mental suffering that they put me thru during this ordeal.

My daughter has bought lower end rentals in Vegas with mixed results.. basically pretty good.One tenant burned the house about down but with insurance they are coming out smelling like a rose..

There is a lot more than structural/electrical work that the property needs like appliances, many cosmetics and two furnaces are ~10 yrs old.The property could bring in 4300-5000 gross rent (500-600 per room is market) so the value is there but when I add up the 25% down, cosmetics updates, appliances, furnaces, and *basic structural work totaling at least 25k* I lose interest.Initially the sellers agent implied they would be willing to do the work (the agent is the owners daughter and he's apparently a big contractor).

My 24 year old daughter has been trying to qualify to buy anything here in Denver/Metro and everything is too expensive.

Also, if you can get the to "commit" to a dollar amount should that type of deal become available it will just make you're life easier in the future.For example, if you tell them that you're looking for 100+ units, in these 5 (hypothetical) markets, that's 1980's built or newer, 3-5 year hold, an 8% preferred return with a 70%-30% split over that, and should return 6-12% COC and a 15%+ IRR to investors...than when you bring them that deal they're already mentally prepared to expect that.However, if you just told them you're looking to invest in a 100-400 unit multifamily building soon and are they interested?

It is my understanding (via lawyers) that the note has to come through an individual with reasonable and professional responsibility for the mental or physical care of the individual..

Mentally you should ready yourself to stumble but always get back up when you do.  

Wow- I could only dream.The bottom line is you must have set rules in and out of a lease and when those rules are not being followed you must address it immediately and with conviction.I will tell you right now- my ex tenant thinks I am a big jerk-head because I did not allow her daughter, grand-daughter and baby daddy move in with her.