In most seller financing deals, the buyer takes ownership of the property immediately upon closing, but the seller retains a lien on the property until the loan is fully paid off.

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

I wanted to put the property into an LLC or Corp to limit liabilities once converted into a short term rental and wanted to retain to retain the 121 exclusion benefit. there is probably $350k+ of potential capital gains on the property. 

@Brian Malavsky We actually have an attorney drafted lease that states the following "If the Landlord maintains the Deposit in an interest-bearing bank account, Resident consents to Landlord retaining the interest, except as required by law."

But I generally jump to fix tenant requests quite quickly to retain quality tenants.

The net worth impact from a rental is calculated by taking the value of the underlying asset (a home worth, say, $500,000) and subtracting the liabilities held against the asset (ignoring retained earnings).

However, I want to ensure that I'm not just passing quizzes but retaining all the essential information necessary to ace both the national and state exams.

Sadly, in the divorce settlement, I'm giving up that property, my ex will retain it.

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

In addition, I think you are assuming a general contractor will extend credit to a borrower which isn't' always the case. in columbus we build and make everyone self fund a 30k retainer account in a escrow that they have control over because we build new construction multifamily at a discount and won't extend credit to anyone