He liked that my partner and I committed to doing right by the tenant (she wants to stay) and we see that as the icing on the deal's cake.

LLC's are a piece a cake to get (at least in Ohio). 

Someone say Anaheim?  

During renovation I would probably knock a wall between bedrooms and turn into one master bedroom with an ensuite.hopefully after resale I would be looking to fetch 180-240k ( irish rural market). wondering how much you would esitmate a renovation on it to cost, baring in mind nothing is probably staying.have you ever done a deal where seller gets a piece of the pie after deal is done instead of paying for the property beforehand, or even as a cherry on top of the cake ?

If you use suet cakes cleaners can easily replace them.

Perhaps it is more of a common-sense practice where magistrate judges don't want to grant a dispossessory if it appears that a landlord is trying to have his cake and eat it too by accepting payments and evicting at the same time.Not accepting partial payments was easy to do in the days when tenants were mailing checks, because I could simply not cash a check.

Icing on the cake was the director was a complete hypocrite.

'Sophisticated' strategies and one of the downsides nobody seems to talk about.With LLC assets less than $1M per, LLC returns and k-1s are cake. 

Going cheaper and getting it paid off early is a great strategy then the sale on the back end for icing on the cake. 

Get a title report, have disclosures, use an attorney, use escrow, get a payoff - piece of cake, really.