Person A was in contract at 290K and was selling it to me at 315K, Person B was also trying to pitch it to me at 339K!!!)

If that doesn't work, then maybe you could hire that person as a consultant and pay them a consulting fee that isn't tied to the property purchase.

(Background: I'm a buy and hold guy, not a lender..so this was my first "exposure")The deal: Person "A" is moving here to work in Factory "B".

My problem was that I had a "can't do" attitude towards everything even though I considered myself a very upbeat, positive person. As

After they open the door and "join the fun" you can always approach the for future loans becaiuse you now have a past business relationship with that person, a key to avoiding SEC requirements.Don't know if a "soft sale" appoach can be explained for every situation, that's the best way, walking down the street handing out flyewrs will get you in trouble.....IMO

As for water – most states / counties have a way to get the water to follow the person – some places call it a waiver – some a water affidavit – I would call the local water department and ask for the landlord / tenant division (if they have one) as they will know if there is a way to get it off of you and onto the home.

Script is the same in person as on the phone.

There's a lot of generalizations in this thread which may reflect what someone has heard, but not experienced themselves, in the section 8 program.With the government paying 75% of the rent and the eviction being 7 years ago, I would give this person a good consideration.

While she is correct that purchasing materials is an indication of an employer/employee relationship, the IRS will look a the entire picture to determine the nature of the relationship, not just who buys the materials.In fact, I have an old BP blog post that details many of the things the IRS will examine to determine employee vs contractor, and while im not an attorney or tax professional,I imagine that if you, by and large, treat the person as contractor and not an employee, just the act of buying materials won't negate that.In fact, that blog post was inspired by Robyn's story...I'll try to dig up that blog post when I get back to a computer...EDIT: Here you go:http://www.biggerpockets.com/renewsblog/2010/05/26/are-you-sure-your-independent-contractors-really-are/

As long as they stay above $2.5 -$5 Million, the lenders are going to look at the project and not very much at the person as long as they put a team together.