If not, you need to advocate for having them increase their reimbursement before you sign any releases related to the claim or accept any payment.

Charlotte is becoming an increasingly expensive area to buy in so I would imagine that the majority of places worth buying are probably too expensive to cashflow.

We have noticed a considerable drop in streaming quality which could be the reason.The weird thing is that electricity and gas are included in our monthly rent, so I don't really understand why he would ask us to provide the internet, he could have done so himself and increased the rent to reflect that?

Raise rents to the 2 BR rate of $755 ( I may use a gradual increase to make it hurt less)2.

He never charged late fees they were all his "friends" fast forward 2 years and all the units have been turned over the average rent is increased by 25% bringing everything back to market.

Same approx. net to seller (minus about $15 per $1000 for increased difference on doc stamps of deed and Owner's Title Policy)WHAT IF SELLER HAS TO PAY CAP GAINS TAX ON THE PROPERTY?   

Why not increase the security deposit due to the pet?

The home prices here in OC are appreciating..although it's anybody's guess of course how that will all play out in the future...so the house will only increase in value, I would expect.   

This may require increasing his income for a short time working extra and cutting back on non-essential lifestyle things or improvements to the property, which isn't his yet.

(Although I don't know what it is like in LA)Even if you are able to increase the rent, that could happen at the expense of higher vacancy rates, further negatively impacting your cashflow in the short term.Based on the asking price of the seller, you will be subsidizing the lifestyle of your tenant.In my opinion, it is not a good deal.