The goal was always to retire early (which may still entail “working” but just not having the requirement to). I

@Jill F.Yeah so I did disclose that I won't be owner occupied, and then the conversation turned to I can't refinance into a conventional loan, it would have to be a investment loan or he would call the loan due.

I didn't put any properties into LLCs for years as they were so encumbered there was not reason to. I

You can buy a property with that in mind and be able to change your mind along the way should you have the need/urge to. I

The only "payment" we're held to is a low interest-only cost, so it also maximizes flexibility, were something to ever go wrong. 

@Krystal Ahn, I think what you're probably referring to is placing the property into an entity like and LLC where you are the member of the LLC for liability protection. 

The practical side of as-is listings is typically that the seller does not want to is not in a position to deal with repairs - but you can still ask for a price reducation.Your agent did not alert you to the roof?

The "layover house" that you alluded to is commonly referred to as "crash pads" in the airline industry.

How to i remove his name from the lease.

I have a couple of realtors that I have lined up to talk to. I