Property: Brick / Block 1570 sqrft 3/2 with additional office built in 1956 on 1 acre lot (most lots in area .5 acre or less)ARV : $185,000 (used $180000 for profit calculation to be safe)*Same house 2 doors North sold 2 months ago for $193000*Purchase Price: $90500 (seller will finance with no payments for 6 months)Holding Costs: $2000 (No mortgage payments due to seller holding note)Rehab Cost: $43000 (contractor will estimate before we sign)Selling Costs: $21000 (if I have to pay buyers closing costs)Profit: $22000The house is a time capsule with a workable floor plan.

I can see how it would be workable once you have a number of paid-for properties in place giving you enough cashflow to move forward debt-free.

It seems that neither is a workable deal.

You can usually get a little more selling on terms, but If you've got workable offers on the table, IMO you should button them up.

Rent is market driven so charging different rent based on credit score would seem ineffective/ not workable.

However, the workability of this plan depends on the HOA agreement and whether the HOA has any ability to impose financial penalties without taking legal action.

Depending on the neighborhood, the condition of the properties in the specific area and the rental income you could expect you may still have a workable property for a buy and hold investor like myself.

They should be able to do this pretty easily.If this is going to take too long (on the lender's side), just call and explain the situation, and I'm sure than can offer a workable solution.That said, I'm pretty security conscious when it comes to protecting my SS#, and I wouldn't have an issue with giving it to an attorney for a real estate closing.

Provided that is workable you are sitting fine after fixing that situation but maybe see if you can chat with tenant or have your buddy do it since you all know each other.

In a contract a buyer and a seller are the principal parties, the agents are 3rd parties to the contract not principals, they represent the interest of the party they are loyal to.A buyer's agent, who has loyalties to you as the buyer should not be negotiating against you by offering higher EMD or any other term not in your best interest.It is all workable and boils down to preference and hassle.