I can pay utilities, insurance, and other holding fees but I won't have enough to pay other cost like listed above.

Would it be a good idea to take a deposit to secure the deal until the rule clears?

Some items might hold more weight than others, but you guys should sort through that together.You also might just do the partnership deal by deal - sometimes jumping into a partnership before you have officially worked together is NOT the best idea...

The biggest problem I see with seller financing is the cost of repairs (as well as holding, selling, etc.)

Good idea?

Investment Info:Single-family residence buy & hold investment.

Any idea how to get principal pay down in a custom report?

I really like the idea of leveraging local contacts for walkthroughs and feedback.

You should have documented that in writing, but even a text message from him would likely hold up in court.You post the notice and give them the required amount of time.

Turnkey, buy-and-holds, flips, or something else?