Don't stir the pot, If he asks to have her name taken off okay if they both agree but I would not approach him on doing this.

Lots of pot holes in rent to own and lease purchase deals, most come to a dead end.Look to Subject-to transactions and seller financing, getting the deed is much, much better.

Thats cheap if the plumber is bringing in a brand new industrial pot washing sink with new hardware.  

The old Romex is not safe to use with fixtures which generate significant heat (ie. pot lights), so be on the lookout for that.I looked at a house just last week which had been wired with General Electric BradX 12/2 Pb NMD-3 wiring.   

Just in the interest of some discussion of the situation - What about ignoring the pot and the scale?  

That kind of learning experience is invaluable as you start to grow your business in REI.I wrote some great blog pots here on BP..The Ultimate Guide to Real Estate Marketing: 10 Tools to Generate Unlimited LeadsHere is another good place to start by reading some top blog posts here on BPhttp://www.biggerpockets.com/renewsblog/author/antoniocoleman/

My last two 3-plexes purchased have a single 1BR in each, and both tenants bailed out within 4 mths (one had to be evicted, one left voluntarily).In a college area, that would be a positive compensating factor.These things looks like cash cows, but my (limited) experience suggests the cash flow is very elusive.

Have you been evicted or have you moved out of the property voluntarily?

Sometimes people may work in many states and will be required to file tax returns for many states.Real Estate Real estate is a common way to create a presence within a state that will mean filing a state tax return.Lottery or Gambling winnings There are any number of people surprised to find that they owe not only the feds but a state for winning a state lottery, winning the pot at a casino in another state, traveling to a game show and winning a prize.Business Income This gets much more tricky.

Once these big boys figure out it not as easy as it looks, I will be there with a big pot of cash buying them to unwind their positions.