You might consider a joint venture partner and requesting the short sale bank to amend the contract from your company name to your company name "and" the name of your joint venture partner. 

Perhaps you want to consider amending your returns and reporting the income as ordinary income.

When the appraisal comes in short Fannie routinely will amend (based on my personal experience and observed others in my community) to the appraised value (within reason-- less than 10 percent reduction).

Finally, asking for copies of a landlord's notices to tenants, without a search warrant and without a good cause to believe a crime has been committed, violates the privacy rights of owners under the Fourth Amendment of the Bill of Rights, which guarantees that: "The right of the people to be secure in their persons, houses,papers, and effects, against unreasonable searches and seizures, shall not be violated, and no [search] warrants shall issue, but upon probable cause, supported by oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized."

This is my only opportunity to be a rich person, which is something I really want.I'd already amended my post before I saw your response, but sure, a little tongue-in-cheek there...

Good to know about putting clauses in the contract.I'll amend my post - the state I am working in is Indiana, not Minnesota.Thank you!

Seller is out of state, recently came into possession of the property, and is highly motivated, so he agreed to the appraised price.After the amendment was signed and returned, the loan officer called to inform me that the underwriter is requesting some inspections based on the appraisal.

At a minimum, the plan needs to be kept current with tax code changes via an amendment process. 

It sounds like there is a very valid reason for wanting to sublease, and I would hope that if you are straight forward with your landlord in explaining what you would like to do and why then you should be able to come up with an agreeable solution together ... if so, it will probably be as simple as amending the lease to let the current roommate out and adding back in the new roommate in their place without changing any of the other terms, and as long as everyone agrees to that and signs the amendment or revised lease, then everything should be cool. 

In January the trust company forwarded our 1099 with the higher list value and we asked that it be amended to reflect the lower selling price.