Hi all- I’m in a unique / fortunate situation where I’ve found some older homeowners looking to remove the burden of managing a rental property that are willing to seller finance their property to me at $0 down and 1% interest on a 30-year note, no balloon. 

And were so Tapped financially  we had no choice but to put it on a back burner, move into my inlaws basement, and loose our stability, security, and stash.

Yet, people infer Dave Ramsey is some financial demi-God for preaching common sense, and then transfer this over to things so vastly removed such as Real Estate Investing that it's like saying since I am good at driving my car they should let me drive the jet plane I am taking to texas, it's all driving right. 

To remove the rental income generated to me personally and have it towards an LLC. 

I had an Amish roofer remove the chimneys without first checking to see if they were vented (they were).

For most they just loose the profit potential, it's the LP's who are generally holding all the $ risk.     

Some still are careful to leave meat on the bone, but a lot are getting really greedy and play loose with their statements regarding ARV and Estimated Rehab Budgets.

If there was a demand from the city for "relocation fees", that sounds like they are saying the unit is not habitable and they are removing the tenant / terminating the lease.

I recommend doing massive due diligence if you are taking on the risk of trying remove a tenant and move in.

Remove old chimneys that leak, and repair roof, assuming they are used anymore.13.