I've worked out the numbers a few different ways, and even with the worst-case scenario, adding the third unit to this property will enable pretty healthy cash flow, though it would be pretty iffy without it.

For things over 50k it is prudent to hire a third party claims adjuster.

@Nhan LeIf there is no contract it would be very difficult for either party to seek recourse.Find a licensed contractor and execute a contract.

@John SmithThey are doing crowdfundingThat is another option but you have to use a third party platform and I am not sure how their fee structure works

The well went dry our third year there so we spent a lot on that, but it was unavoidable.

Using hard money or private third-party funds (debt or equity) would allow you to close in a week or less if you wish.

At the end of the day you are the one responsible to pay for the damages regardless if the guilty party will or won't, the contractor. 

The buyers lender will often have language they want on the form, then the forms are sent through the seller, since the seller is the actual party to the current lease.  

The closing agent is not this attorney, but he does work in the title company and oversees the closings and weighs in on them.Reason is I’ve got a transaction that’s gone bad after closing, and in seeking remedies, unbeknownst to me when I started talking to the title company attorney as a “neutral party”, I shared some things I normally wouldn’t have.I found out through the grapevine about his dual role AFTER I had the conversation with him.Shouldn’t this attorney disclose that he is also the managing broker for the seller before talking to me?

For example, in San Luis AZ you are able to build a second or even third unit, as long as it is 8000 square feet or more.