They will only accept your offer if they are tenderized like a bad cut of meat that has been beaten by the butcher and then marinated. 

Unless he has connection to a very good GC experienced in the area and referred by people he knows, this spells out a bad situation.  

Twice in 8 years I've had tenants trash the place, so it clearly wasn't the quality of the PM's applicant screening.

About 5000 will make them rent ready and we estimate 30k or less will make them showroom quality. 

I don't know if she'd had bad experiences in the past with LLs. 

The definition of “bad deal” here would relate more to the opportunity cost of such investment compared to other investments (financial markets), than a real financial loss for the investor (i.e. ending up with less cash than originally invested).Let’s now modify a bit our assumptions by including some inflation in our model (say 2%, in line with historical average).

@Jeremy BartlettGo talk to them and lay the law down If they continue theIr bad behavior then post a comply or quit document up

I've found that for tile, the big box retailers Lowes and HD have a smaller selection from what's on display but are much cheaper than the specialty stores for a similar quality of flooring. 

Reason being if deal goes bad you walk away clean and they suffer.I also would never recommend to anyone to have 100% leverage as your playing with fire in those situations. 

You don't want to waste your time following up bad leads, and realtors don't want to waste time writing offers that will never land.Hope that helps a bit.