I'll continue to learn from my mistakes and keep pushing forward!

I don't want the deal to fall through, but I'm also not going to take on these huge costs and we're providing the seller the opportunity to finance their build (while letting them live in the home that I planned to use as my primary residence.)Any advice on what we should push back with? 

My realtor has been in contact with owner and is stating that $750 is pushing it and will result in longer vacancy.

@Julie McCoy I tend to agree with you at this point, it is overblown but at the same time these threats are something to watch closely, especially as both AirBnb and HA look to drive the reservation cost away from the guest and push it to the host (Booking already does). 

The land trust, it's a good way to avoid probate and hinder a bit the attorney research.Regardless, per my discussion with the insurance underwriter (Allstate), based on the number of properties I have, their current use, and my involvement managing them, my current situationdoes not create a condition where it pushes me to the "business" category and I do not need commercial insurance.

Don't immediately jump into pushing out the tenant for a Rehab, while you have someone in the place that seems perfectly happy with the place in it's current condition. 

It's 1:00 am now and I'll be at WESH news with my wife at 8:00 tomorrow morning washing their fleet of news vans before I get to the fun Real Estate part of my day in the afternoon. 

Either way, this product seems to work for my purposes, and I could not do anything with my home equity right now and just talk big and brag about it, or I can put this money to work for myself and invest it in a performing asset some 3 properties in the Midwest, and have them paid off with this loan in 10 years by the tenant and then own 3 properties free and clear. 3 x $420 Net Income = $1260, which is a wash towards the Equity loan. 

Next one is July 11 at The Brink Lounge on East Wash. 

One other question, though: what kind of high-end working professional goes for coin operated washing machines over in-unit setups?