I am thinking of installing one in a studio apartment.

Will the CFPB install new regulations or fewer?

It was built in '59 and the previous owner did mainly DIY fixes for everything.

Quote from @Shawn Sopic: When you bought it, it didn't have A/C, so I suspect other buyers will do the same.Installing A/C may not provide a dollar-for-dollar return, but it can make the home more attractive to buyers and enable you to sell it faster.If you spend $10,000 to install the A/C, you can expect it to increase the sales price $5,000 or less.

VA loans are the easiest loans to use with installment contracts since they were assumable, which means that with the interest rate being assumable, the lender lacks the basis of the interest rate risk under the due on sale clause.It's easy to check with the lender, just ask if the loan is still assumable.

He had just installed a new WH, New HVAC and new appliances.

Either that wall is taking on a load and the studs are bowed or they installed them to long and bowed them in place.

That's going to cost a lot more than $20,000 to install everything from scratch.

Then come to find out after installing it, that the problem was just the float switch.

This scenario seems to give the buyer what they want, and unless the land contract forbids subleasing, it works well with the existing land contract in place.If and when you exercise the option, the buyer (who will actually be the owner at that time) still prefers an installment sale for tax purposes, that can be done.