. $300sqft to build at least.If you have any sort of mortgage on the property you will need an attorney to handle the mountain of paperwork the bank will give you for a lien release. 10k+, also probably some nightmare terms to have to build and sell immediately and god knows what.At this point a year has passed and you have spent at least $60,000 cash, you're about to break ground on a structure that will cost you at the very least $400,000 to build, you are still 1 year away from cashing out because you have to now build a house.

JD made some solid points on structuring the agreement etc. 

I have NOT placed much research into it but from what I have read their fee structure is expensive. 

•I’m curious how you’re structuring your property management.

@Rene HosmanThank you for reaching out and give some clarification for the PP structure.

As far as whether to approach them with or without an agent - approaching them directly without an agent can save the seller probably 2.5-3% of fees, which give you some room to negotiate on the price, but you need to be confident that you are capable of evaluating the property value, estimating on the amount of work that is needed, knowing how to negotiate/ structure the deal, and navigating the closing process.

Given today’s rates, running the numbers with a lender to compare options is key.I work with Aslan Mortgage Lending, and we often help investors structure financing to maximize both equity and future growth.

The chart of accounts is structured around the Schedule E, so you simply export it and send to your tax professional.

At that time I'll attempt to structure a 10 year term unless I consider a shorter hold period in which I'll negotiate the lowest rate possible to fit a shorter term more closely matching my remaing hold timeline.

Her mother is willing to (co-sign) and has excellent credit and debt to income ratio that will more than allow but I’m not sure the best way to structure this for the house to still be in our name?