Put this in a proposal then have a follow up conversation.

You should probably first figure out why they are selling......... then work up how your proposed idea benefits them.

Much of the frustration with "banks" come from their having to comply with "Dodd Frank" legislation that doesn't recognize depreciation as simple accounting and only looks at the taxable income, not the free cash flow, on a property.  

It was proposed that he obtain a bond in lieu of the note so that we could move ahead with our current closing date.

., regarding your 2 proposed offers, it makes no sense to me if you have exactly the same deposit and repayment schedule, but based on different purchase prices and interest rates!

Recommendations for books for partnership and drafting proposal for prospect Real estate partner

He said his starting point for talking price would be around 100x gross monthly rent but probably higher due to the fact he knows they're under rented.Here is my proposal: I'll pay a lease of $10,600 ($2,000 up and above his mortgage) and as a master lessee I'll be responsible for every other expense. 

Most people that successfully sublease to Airbnb offer the landlord above-average market rent and have a proposal.

And how do you propose to "separate out asset holding from operations side" ?

We have no legislation making it illegal to sell a contract you own like you guys have in some states.