Those are good strategies that will give you some leverage and potentially help you strike a better than average deal.At some point, you may want to consider purchasing rent default insurance to mitigate costs associated with lost rent and legal fees.Good luck!

I made sure my insurance had extra liability.

The incident was reported to the insurance company and current owner wants to repair the house and sell it.

If each co-owner has an undivided half interest then have the co-owner who wants to sell, write out a detailed affidavit with any available documentation -listing all of the expenses that each co-owner has paid for mortgage, taxes, insurance, maintenance etc, during the last three years (or whatever your local statute of limitations is to file for unpaid debt). 

M2M rental agreements also allow you to change terms more readily when you need to. mtm had the downside that your rent isn't insured done they can move out any month

@Patrick Menefee I find that it’s only useful in low tax jurisdictions and when flood insurance isn’t needed.

The management company left me a message saying I should contact my insurance company.

The property is in AZ, they’re asking $178k and with all the units being rented out it’s bringing in $3200... after mortgage, taxes, insurance, PM etc cash flow would be $1500 at least...

Have you tried filing a claim against their insurance first?

Here is the breakdown: Principal: $201,026PITI: $1,537.55Principal and interest$1,102.41Property insurance$122.30County tax$312.84Fixed Interest at 5.125%I have the concept of 10% down and a high interest rate, in saying, how could i structure this deal to make sense for me, but I also do not want to charge them an insanely high rate.