I’ve been searching for a form or contract I could use to recast or modify the terms of a loan that I seller financed a few years ago, with the intention of lowering the monthly payment for the borrowers and extending the repayment timeline.

We have two main issues that I will outline below: HeatingTwo heating systems in the home.

It's also unclear what you're intentions are.

In addition to STR'ing the main house, he is building 2 more units (ADUs) on the back side of the property.

My intention is not to buy the sellers problem but to provide a solution.

Property includes: (2 buildings)The large old building with main level office previously a dental office and potential for build out second floor of (1)-1br efficiency apartment, (3)-2br/1bath.

We do co-living for the main stream. 

I’m trying to familiarize myself with the area more thoroughly.it seems to have a stable increase in prices.Since I plan to live in the property initially, breaking even in the first year is my main goal. (5% down; PMI removed with renovation)However, I’m also wondering if it’s feasible to have some cash flow from such rentals, or if the risk of vacancy is high in this market.Any guidance or pointers from those experienced in this area would be greatly appreciated!

Not only does it make the property look poorly managed, it's a great way to crack your main sewer line and leave you with a hefty plumbing bill.

I am mainly a buy-and-hold Investor for this reason.