After that I am using 5% rent increases with 60k renovation in yr1- using 20% down around 8.5% rate, many loan officers keep telling that only 25% down is minimum.. idk- yr1 goal to increase rents w renovation around 60k spend w 5% rent increase (tricky part it probably lot of rent lost while renovating maybe 2-3months) - estimating that yr1 and 2 is negative CF and then projecting positive CF w yearly 5-10% rent increasesAny ideas if this makes sense or not?

Just trying to make sure it isn't called due right away or in the middle of the term as then we'd be scrambling to figure out how to pay it off when we both agreed to be on a payment plan until the balloon payment at the end is due.Seller finance makes sense in where I'd essentially be the lender collecting monthly payments until due.

Would not make sense if property securing the note was upside down. 

I'm thinking about renting it out, but I'm not sure if it makes sense or not.  

I have worked in recovery, but currently am retired and have rentals I would like to possibly rent to Oxford house- or possibly convert into sober living if it makes sense financially.

Quote from @Chris Seveney: @Brandon LashmetCorporations are s corp and c corpLLC is not a corporation - it’s a limited liability COMPANYAh, that makes sense then.

<Spider Sense Tingling>  I said I would have been happy to accept a reasonable payment from the city if one had been presented to me by the deadline - Sunday (48 hours before eviction by law).She seemed smug and told me the eviction had been rescheduled to the following week. 

I agree with that suggestion (if the numbers make sense) as a good middle of the road option to still maintain some SoCal appreciation.

I am wondering if it makes more sense to just deal with the large upfront cost to have the roof done fully or if repairing the damage will end up coming back to haunt me.It's a rather small house at just over 600sqft, for an addition is it really just a matter of getting estimates for the addition and comparing that to the additional rent I would get and seeing if it's worth it?

This makes perfect sense in today’s experience-driven world.