Hey Anthony, I acquire properties local to Phoenix and similar to what others have said on the thread, it's as close to dead as can be.The only time I see it actually work out to the 1% rule is on Section 8 properties, which can be great investment opportunities despite the stigma around them.

So their plan is follow Hawaii’s “protect the homeowners plan:  how did that work out?

This provides extra peace of mind in case your upleg does not work out or the seller or lender will not deal.4) Truly retire for real estate ownership.

In my experience, a suit for specific enforcement of a real estate purchase contract is not particularly complex or fact intensive that would lead to extensive time needed for discovery. 

It can be more capital intensive up front and take a little more time than a traditional BRRRR but it gets you started.  

I understand that rents will go up over time and my mortgage payment will pay down the principal, but it seems like investing the $1.43mil into rental properties and/or a low fee US stock market fund may work out better for me. 

You can be nice, but professional, and work out an amiable move-out.

We send countless emails, and he answers us every 6/8 months saying he will work out a payment plan.

My question is how do I work out a deal with the owner so that I pay him back over time the equity?

Thanks Ben and Joseph,We work out of state so thought outsourcing management made the most sense but will look into self / hybrid management opportunities.