But when we get to the closing table we usually have a pretty good idea about what we're going to have to spend to bring the property up to our standards and how much it's going to cost us to do it and over what time periord.

By assigning an agreement to someone who then completes the purchase, you have in fact brought that consideration to the table at the time of the transaction.I'm wondering if there was some other intent of that language - such as to prevent a homeowner from being screwed out of their house via some "creative financing" scheme that benefits a 3rd party (e.g. investor) while not providing any (reasonable) compensation to the seller.

I'm checking to see if we're able to get a loan on a manufactured home, but generally I would look to get into a syndication (tax advantages, etc.) or private capital fund (10-15%) which is where I'm seeing we may be leaving quite a bit on the table.

I don't love the idea of giving up my sub 3% mortgage rate and paying more to borrow money, but sitting on that equity and not putting it to work makes me feel I'm leaving a lot of growth on the table.

You can make an extra several grand a year....don't leave that $$ on the table.

The other option of selling the house and investing the tax free gains is also on the table.

I would say as a GP, technology has been super helpful in managing our cap table and issuance of distributions along with making it a lot easier to streamline the process of investor signing documents and sending $.

Having a strong boots on the ground team in the area can help bring good deals to the table, filter deals better, determine viability quickly (which in a market as competitive as this is very necessary), and ultimately get the right deals done.

Now do you have a table of comparison of property appreciation in those 3 states for last 5 yrs and 10 yrs? 

He is seasoned agent but with no rehabbing experience but wants to learn and help and will bring cash to the table for the deal.