There’s different ways to structure the prepay.5 year option (5,4,3,2,1) (5% fixed) (6 mo interest)3 year option (3,2,1) (5,4,3) (5% fixed) (6 mo interest)1 year option (1%) (5%) (6 mo interest)These are the ones I work with.

There you will be asked your criteria and then after answering a few questions you will be matched with 3-5 agents or loan officers in your area.

Live there for a year while you fix it up.

As you said, they can’t make him sign the release.someday they’ll fix this issue but until then you need a lawyer, or a new lender, or the seller needs a buyer.Consider this a 2 on a scale of 1-10 for real estate problems.

My friend knows just about every contractor within 2 hours of us and can likely fix small problems that come up.

A thought for the future would be crm capabilities, to be able to match contacts with properties.

If you're looking to do a fix and flip or something like that, there's no reason why private lending couldn't work for you.

I'm curious to know how often property managers actively suggest value-add activities for properties (ie, building an ADU, remodeling, buy-fix-hold opportunities etc etc). 

They got fundamentally sound real estate, with matching debt (10+ yr fixed rate) and budgets with the intent to hold nearly forever. 

This ensures your books match the timing of your taxable income.It sounds like you're off to a great start—make sure everything is categorized correctly and consult a CPA to confirm your setup.