Dec 2016 cleanout tenants lived there through the following May (2017), and were followed by subletters (May, June, July) before the current renters arrived in mid-August.Then at the end of Dec 2017, it needed another cleanout.The kids used the drain screens. 

I arrived to Hawaii under Air Force Active Duty orders, put in the barracks with a pretty low wage as an E-3 Airman. 22 years old, no college education, a low 600 credit score and with a $14k car loan on Subaru STi (god I miss it). 

Upon arrival he provided us with a copy of his business license which was expired.

I arrived at that from lots of Googling to find $150/sqft a reasonable price and assuming the house would be 1,100 square feet.

I would then recommend using the cap rate AND sale comps to arrive at a strike range on price. 

All I am saying is it could influence the value they arrive at if they know before hand the loan value...

I will most likely have a W-2 job within a month of arriving making at least $50,000 before tax (for anyone that knows what loan this will achieve).Do you guys have some pointers on what the best next steps should be? 

Well, that assumes that the money partner has the ability, time, and knowledge to do all of that.For all things being equal, IF the funding partner has no time, no desire, no skill, and no experience to perform any of the duties associated with finding and managing a rehab flip deal, and the other party takes 100% of that on, then I think it is common ground to arrive at a 50% split each.From there, you can make adjustments and edits as one party made add or bring more to the table.

Wifey and I have arrived in Fl for our relocation.

What was really a coincidence was that my dad got extra tickets when his package arrived the next day.