Some of the tricks I use which are totally legal is the grandfathering NFIP rule or built in compliance.

Do your due diligence or ask a property or legal professional for help. 13.

THE SCENARIO: I've got a tenant couple breaking up, not yet divorced or legally separated. 

What I really like about this neighborhood is properties are cheaper but it’s still close enough to western you can pull the same quality/millennial tenants as properties just east of western that cost nearly twice as much. 2br 1ba 1st floor unit: $1300 – Keep as-is2br 1ba 2nd floor unit: $1550 (Will try $1600 first but to be conservative) – Keep as-is3br 2ba duplex unit: $2200 conservative depending how luxurious comps go up to $2500ish – RehabParking: $75x2 = $150 Total rents: $5200Purchase price: $530,000 with a $7500 closing credit + $20-25k for spiral stair case install and remodeling of attic = $542,500 at $5200 = .95% + added equity being a legal 3 with 3br 2ba now.

Good luck and reach out if you need more guidance.

Personally I would just make sure he can convey title and that it doesn't have to go through a legal proceeding and push it out to July. 

and to review landlord forms I've downloaded from Bigger Pockets to ensure they meet MN legal requirements .Anyone have a referral for me? 

Not sure about the legalities of this but I thought it was clever.

So this is not legal or financial advice; it is simply based on my experience and background.

Also, What are the legalities?