I gave them 45 days notice of the new lease and rent increase (5/15).

Is buying a 9yr lease on a bar a wise investment!?!

Many realtors will also handle the lease renewal for you because they know you'll come back to them once you have a vacancy.

Lease Agreement says: Quote:CARE, CLEANING AND MAINTENANCE: Except as prohibited by law, Resident agrees:(a) to keep the premises as clean and sanitary as their condition permits and to dispose of all rubbish, garbage and otherwaste, in a clean and sanitary manner, unless Owner/Agent has expressly agreed otherwise in writing in an addendum tothis Agreement.

There is also Subject To, Wraps, Lease Options & Land Contracts.

I believe for your first investment property you should look into using the Master Lease Option method, it has the least amount of risks as there is no down payment and and you can essentially "test drive" the property before deciding whether or not to buy it.

If your investment has appreciated a lot and time the lease will expire and it is in a D, F neighborhood it is time to consider cashing out and do something else. 

Thus we are now suggesting to owner that he sell to an investor and contractor that could purchase "as is" and complete the project for the comparable $50,000 market value in the area, the owner has refused to sale and is holding us to our lease.

Subject to, wrap, contract for deed, an option, or a lease longer than three years all typically violate the due on sale. 

Hi BP! We are needing a termination letter for our tenants effective in two days. Anyone have a suggestion of where to find this document? Thank you!