Hi everyone,I’m a professional real estate developer based in Central Florida near Orlando.Background: licensed architect with deep experience in residential subdivisions, underwriting, entitlements, building permits, construction management, and maintaining extensive contacts with national home builders.My specialization is converting raw land into paper or finished home lots for sale to national and regional home builders.

They don’t.In 2005, I did extensive research on the various tenant segments in Las Vegas.

It is doubtful there are adequate electrical outlets or lighting existing, and any additions/extensions of circuits must be according to code. 

DM me if you'd like contact information.When buying replacement properties, you're on a strict timeline—no delays, no extensions.

Do NOT ignore this issue, but also be reasonable about it.Bring it up to the tenant and just ask that they don't do it again.Check your lease and if it requires the property be returned in same or better condition, point this out to the tenant that they may have to restore the bathroom or be charged the cost of doing so when they move out.You could also "trade" the lease violation for a lease extension.

When first meeting her (the lender), we had an extensive talk about everything that comes with this process.

Option #3 you provided - offering a concession such as a lease extension or upgrades to the house in exchange for new lease terms.

That's extreme, but he turned that house into very big money with extensive holdings...hotels, a winery, plenty of MF, plenty of SF, commercial buildings, a restaurant, and probably other investments I never knew about. 

I think 3 things play a role in our bid being far lower than the winning bid 1) insider information: I suspect asome of the bidders know how the inside looks and can bid as though the inside is not destroyed or heavily in need of rehab 2) some bidders may be bidding to OO and do not need to make a profit, account for holding costs, or an extensive rehab.  3) there are some investors willing to take on risk of a trashed interior by playing the odds.  

Through disciplined management, I have since paid off my personal residence, my commercial shop, and acquired two additional properties in cash.Core Competencies: I bring extensive hands-on expertise in building structures and trade skillsets directly applicable to construction and rehabilitation.