We have a break lease fee (we operate in Kansas and Missouri) and I know we use a flat fee and not a multiple of the rent (I think because that way the deposit cannot be applied to it or for some reason with local laws, admittedly I don't remember).The main thing is though that 1) it's in your lease and 2) it's in compliance with your local and state laws.

I know a lot of investors who have been pivoting to the secondary markets like Sumter, Florence, Orangeburg, etc.

Would like to know how you secured the BLOC.

I have an opportunity to purchase a home around 350k from a seller I know. 

Whether they will settle one in Saint Mary's county I dont know.

Thank you so much for taking the time to let me know.

Knowing the property's condition helps you accurately estimate these costs.

I want to know if this is a scam before I proceed or not. 

I know SUBTOs are not for everyone and there is a level of risk.

So having safeguards in your loan docs or safeguards/plans outside of loan docs is essential so both parties know what the plan is if and when such occurrences take place.