I don't know the detail as far as the tenant paying rent or not, if there's a lease contract etc.What questions should be asked before buying this investment opportunity?

Not enough info here to tell.....Do you plan to finance this or pay cash? 

Right now the Fed says, "We'll pay you 5% to just let your money sit in the bank."  

He paid a month, skipped payment a month, paid for a month and a half (one month being the unpaid month), negotiated payment for upcoming months, lied about what he said he'd do, made a partial payment, promised to pay unpaid rent, then ultimately skipped out without paying for multiple months of rent.

., where prices are much lower but still well above Toledo.The significant boost in pay won by United Auto Workers members at Stellantis and General Motors in Toledo and rippling out into the auto-manufacturing supply chain boosts buying power in the local economy and is surely behind the economic projections of real estate sales growth exceeding all but one of the top 10 markets.

Weather, startup %, cost inflation fluctuations, you paying $20 like California to get help- have you done a wage study for the market,  etc. 

You make money 3 ways: cash-flow, mortgage pay down and market appreciation.

How much did you end up paying him?

(If you are going to do this right I would say $5K a month and look into incoming lead sources like facebook and google pay per click.)Good Investing...

Hi,In the home purchase contract we have(I'm in Nevada), it's indicated that seller will pay for home warranty and cover coverage of $600.What happens if I buy a coverage for like $500.