I wouldn't get into the tenant's interpretation that there is a 3 day grace period.  

Sorry that you were disappointed in your interpretation.

So you'd interpret this as a "bad" deal, whereas I am trying to reason a way to make it into a "good" deal because right now, I am currently renting.Originally posted by @Brent Coombs:@Alex W., if having a mortgage with expenses can be cheaper than what you'd otherwise have to pay in rent ANYWAY - why wouldn't you buy?

Your interpretation is certainly sensible, given the somewhat ambiguous language. 

I offer this not-so-humble brag so that what I'm about to say isn't interpreted as us not caring.So all that being said, I really believe that you have to have to understand your limits and set boundaries, manage expectations, and just get comfortable with a few realities of the business we're in...#1 You can't please everyone.

It might be a trustworthy stat, but it likely is not relevant to the question or you need much more information to know if it is relevant.Sooooo few people have a clue how to interpret statistics.

However, I suspect most people interpret worst to be a poor place for RE investment return. 

I just comment on what my personal interpretations of the Real Estate licensing laws are.Mississippi is another state that if your not in title they will shut you down.

If there is damage to the rental, we will treat your deposit according to state law and your lease.If you choose to reject this offer and decide to stay, we will interpret this as an acceptance of the rental's current condition.

The truth is these books are almost out of date when published and almost impossible to understand by anyone other than an attorney and even those not trained in regulatory law as opposed to contract law would have difficulties correctly interpreting it.