They are offering a good severance package and a separation bonus as well if you decide to stay with the company til it closes.

I want to be able to make a creative offer based on her potentially financing the deal as well as a conventional offer if she does not want (or cannot) seller finance.Here are the numbers:Unit 1-1BR, 1BA-Rent $800Unit 2-2BR, 1BA-Rent $850Utilities are all separated and tenant pays all.A.R.V.-$90k Repairs-$24KI'm looking forward to hearing from the community!

It is single lot with a SFH and a separate duplex on it.

do you have separate bank accounts for these three or do you just put all of these reserves in one account?

yes, you will have 2 contracts:  a "front end" beweeen you and the orginal seller and a "back end" between you and the new buyer IF you want to do a double-close with 2 separate HUDs.  

In this regard, thelocal branch manager suggested setting up a separate business account to use for tenants rent check deposits.This way the main checking account isn’t exposed.The goal is cut out using a drop box and also save tenants the addition ACH or credit card charges.Anyone do this with no hassles?

Separate checking account, credit card...

We paid for the house like it was a single family home, and stashed the rental income away in a separate account.

If it is a heating duct connected to a register delivering warm air to the living space there is no code for separation.

I subdivided and now have separate offers on the house and on the residual vacant land.