I know there are numerous classic car owners in the area.Kathy - I like your description as a "vanilla shell".

I guess its a classic  case of "Your money or your Life"  He will be the one going to the house and collecting the weekly rent?   

Also have to be careful as well.Here is a classic example.

If only the architectural design was more in keeping with the neighboring classics.

Here's a classic way to buy a home (no money down).Let's say the home sells for 30K, there is 20K worth of rehabs and ARV is 80K.Find a private lender (family, friends, colleagues, etc).

And she ended up making classic newbie mistakes on renovations on 2 back to back purchase.  

I buy kitchen classics at lowes and great pricing.  

Just a classic."

@Kim Handelman  classic case of seller and sellers attorney not wanting to be part of a wholesale assignment deal.. you led them to believe you were going to buy it and put value add to resell.. they not wanting you to assign the contract specifically took that language out.. and obviously bringing in the contractor to try to establish value ( cram down seller) when your real intention was to simply flip... you have been caught.

I'll preface my answers with the classic "it depends" as there is no way to give you an accurate answer without reviewing your previous tax returns, current business operations, and business/personal goals.First off, by "incorporated" I am assuming you mean your current business is a C-Corp.