Simply deducting prorated rent from the deposit is simple and clean and hard for them to argue since they communicated this schedule to you and that the property wouldn't be ready to turn over to you until the cleaners were complete.

Maybe it was a hidden issue that turned into a big project, or a small upgrade that made all the difference.

@Mark Allen Hopefully, this gold mine is still producing.

About time! This will create some more movement, has been holding up quite a bit of growth. Good to see the city make some practical decisions. 

You are not far away but with the down payment and budget, that would put you in some rougher areas which typically have higher turn over or more up front capx.

I am currently focused on Wholesales, Lease Options, and Turn Key rentals in NE Ohio.

How does one take the owner finance situation to a bank and turn it into a 30 year loan to hold without an additional down payment of 20 percent ?

Since your husband is a first-time homebuyer and eligible for conventional financing, you might be able to use his status to buy a single-family property, live in it for a bit, and then turn it into a rental down the line.

But if the blue sky materialized then repurchasing that equity could still turn into a win/win.

These have been very grounding.I don't want this feed to turn into a chain of the same type of comments so I'll bring attention to what matters the most - two quotes from my original post.Thanks again all:)