They lend to you because they know, trust, and respect you.  

Both offers are very similar with respect to interest rate and closing cost.

Praise the good attributes of the home but respectfully express your concern for the current condition and ask if there is some help you can offer.

I make all mine month to month and everyone seems to respect each other and keeping the common areas clean.

Most experienced inspectors will work with you or make it clear why they can't if you treat them with respect.

Can you please shares insights on the cost structures with respect to the various taxes levied and cost to run (cleaning, handyman, utilities etc).

Building strong, respectful relationships with your contractors is key.

If Michael wants to keep the house, he buys out Jacob based on Jacob's cash contribution to the purchase plus/minus some percentage of the appreciation/depreciation since purchase (% could be based on their respective cash contributions to the purchase).

I'm not an Attorney but you could set up an LLC (Parent Company) that is owned 50/50 by each of your own respective LLCs (You own 100%).

I HOPE you understand what I am saying :) Thanks for your directness—I definitely respect your viewpointI’m fully committed to advancing in real estate, and I understand that meaningful networking is about mutual value.