Quote from @Bruce Woodruff: Yes to all of the above.I think this is a societal problem, not just an investor problem.No manners.

First, you probably need a better, more detailed lease, and second, you might want to err on the side of caution and simply release the security deposit in full, assuming the tenant otherwise has fulfilled their obligations of the lease.I hope that helps.  

All complimented with Amazon fulfillment centers, google, and more tech manufacturing jobs.The bad reputation of “Detroit” comes from OOS investors wanting sub $40,000, D class properties in poor condition, because they pencil out to 2-3% deals on paper.

Uncertainty is pervasive and self-fulfilling (Zillow). - Stocks turning Bear, down close to 20% from the January highs (AP). - Surprising demand resilience for housing: Despite high rates, housing demand is up, with existing-home sales 4.2% higher MoM, driven by increased inventory and steady buyer interest.

I asked to see this executed agreement between him and the bank, and he tells me that it is a 3 month trial, and that there is no written agreement from the bank until he fulfills the terms of the trial. 

I would reply that the buyback would be backed by an executed contract for the purchase at the end of 12 months, including penalty clauses if not fulfilled. 

All complimented with Amazon fulfillment centers, google, and more tech manufacturing jobs.The bad reputation of “Detroit” comes from OOS investors wanting sub $40,000, D class properties in poor condition, because they pencil out to 2-3% deals on paper.

Additionally, including clauses that allow for the removal of a trustee if they fail to fulfill their duties can offer further protection.If you did not already work with an experienced attorney to draft this trust initially, or if it has been a while since it was created, I'd recommend sitting down with local counsel to ensure the trust conforms with your intentions. 

All complimented with Amazon fulfillment centers, google, and more tech manufacturing jobs.The bad reputation of “Detroit” comes from OOS investors wanting sub $40,000, D class properties in poor condition, because they pencil out to 2-3% deals on paper.

All complimented with Amazon fulfillment centers, google, and more tech manufacturing jobs.The bad reputation of “Detroit” comes from OOS investors wanting sub $40,000, D class properties in poor condition, because they pencil out to 2-3% deals on paper.