Sounds Awesome.

While the guarantee of income sounds great, it's only a percentage of the rent, typically up to 70% and the tenant has to pay the remainder.

And you're right about avoiding weekly travel—sound systems can save you time and stress!

@Giacomo Matthew Degl'Innocenti   Sounds like you should buy instead of rent 

It sounds like the issue is with the Debt Service Coverage Ratio (DSCR), which lenders often use to determine how much they’re willing to loan.

Most of what I’ve read you obtain the code violation list from a city official but it sounds more like you are purchasing the list from an external source? 

It sounds like you’re in a great position to start your real estate journey, especially with your brother as a built-in renter.

It sounds like you understand that you can only 1031 the real estate and will have to pay tax on the portion allocated to the business FFE. 

It sounds like an incredible resource, for $200 having a fully designed materials and fixtures schedule to pair with a labor only GC or a GC that can work well with a prescriptive materials schedule. https://ivoryhome.co/predesigned-packages/Just curious how other people’s experience has been.

Your potential buyer suggesting you terminate the contract and them paying you a fee does sounds fishy to me.