As far as benefit to the seller goes, @Matthew Paul I think you are probably right on the money and regardless of whether they would have preferred to stay in this house rather than move, it is likely providing them some excellent cash flow; and I'd be hard-pressed to come up with a deal that serves both parties better than the current situation. 

Hi @Akeeve Foreman, welcome to the group! 

You will suffer.PMC 2 may not be playing "fair":1) What's the penalty if they don't rent the other unit in 21 days for $1350?

Purchase price: $115,000 Cash invested: $42,000 Sale price: $168,000 Unfortunately, we bought this property as a buy and hold property, and our research led us to believe that this neighborhood was up and coming not in a bad area of Jacksonville.

But that only if they come to you.

I have totally given up on Quickbooks though it remains the best accounting software for the non CPA type 

Hey Jeff without knowing any details everything is what you are able negotiate. but you have to take in account the years interest rate and purchase price and what kind of cash flow.I will say get a mentor if you’re inexperienced these kind of deals can go left if you really have little knowledge when it comes to structure .

I was willing to work with him as I have worked with others in the pass who lost their jobs and struggled with rent but they were always forth coming, clean, and came to me to work with me to stay.

I start by telling them we have a lot of money tied up in the property, and we've been burned by folks that wanted us to believe the best of them.

In fact, some of them have been in the news lately and popped up on the foreclosure list as they are in trouble financially as well.