Just had another thought...if they are paying on the 15th, then the first month that you agree to let them do this (start a new lease), they will owe you half a month of rent (1st - `15th) plus the month of rent that is due (15th - 15th)..unless you already collected the half month rent from them when they initially moved in.Hope I'm making sense.

I don't mind using them after I've sent six letters over half a year. 

Short on funds is his motivation and if 2 put up half to purchase then do HML for the rehab.

I know when I bought my house, half of them had gone missing, but I replaced them with better ones anyway.

I'm an investor in the northeast Philadelphia area who has acquired and managed two properties for rent over the past year and a half and am looking to acquire more.

If valuation is currently half of the purchase price, the taxes will double.

Since 20k a year is about half of the median income for this area, I'd say you're not hustling.  

I am the non employed half.

The lot was half in the 100 y flood plain making it almost impossible to develop.

That means we’ll have effectively been absent two and half work weeks– yet our monthly income won’t miss a beat.Can your pay check do that?