If convicted of bank fraud you may be facing large fines of up to $1,000,000 and/or imprisonment of up to thirty years.Posted without comment.Okay, so one comment:Just because someone in your community says it's okay to do, better clear it with the feds first, or you may be talking with them later..This reminds me of a Subto in California that went bad and wasn't handled correctly. 

Where in a standard market rate rental a stain like that could be handled when you get around to it and the rent would still be due.

From all parties it was not handled right.

I'll happily pay the commission and his GC fees, and we'll hopefully do this a few dozen times over the coming years.My general question is: how are other people handling this awkwardness?

The PMS around here are pretty terrible, I've worked with a lot of the larger ones in Cleveland and I think they just take on more properties than they can effectively handle and don't hire enough additional employees to make it work. 

If that's not an option, I would recommend he look into his state and local municipalities' rules on how to handle abandoned vehicles.

If you ever decide you want a more passive approach, there are turnkey companies out there that handle everything for you.

Did they handle everything after purchase? 

We buy the cabinet hardware in bulk on Amazon and do flush mount hinges, new handles and knobs.

Handling the contract to close process OR you could pay for a transaction coordinator if you don't want to do it yourself.Personally, I would have a realtor do it and charge the seller 1% commission.