There is no provision in the code for taking a capital gain treatment for a "one-off" dealer disposition, though some participants on other boards suggest you can get away with it, IF you only do it once.To me, "getting away with it" implies cheating on the tax return.Just how I see it.

I don't know how long ago you purchased from him but he's now more of a trainer and mentor to new agents than he is an agent himself.

I found this document related to PA:http://tenant.net/Other_Areas/Penn/harris/pa-part2...Two paragraphs appear to relate to this situation:Under the new "implied warranty of habitability" law, the tenant's obligation to pay rent and the landlord's obligation to maintain habitable (safe, sanitary and fit) premises depend upon each other.

Comps are what they imply. 

Charging an additional security deposit implies to be that they are accepted under terms agreed to, that isn't a denial.

I'm in NY state.The book gives cost ranges for each of the individual rehab tasks, but certainly won't tell you how much things will cost in your specific area, using your specific contractors, working on one specific house with a specific set of finishes at a specific time of year given your specific ability to negotiate.As that last statement implies, no book can ever give that information...That said, the purpose of the book is to provide a framework for how to learn to estimate rehab costs, how to generate bids and how to put it all together so that you understand the process of creating a rehab estimate. 

Unless you seel for cash and then you can seel it all day "as is" subject to state laws.Justin is carrying back the deal and you implied that as well in your example.Doing an installment purchase agreement or seller financing a MH absolutely falls under the SAFE Act and the Consumer Federal Protection Act.What investors are missing is that such transactions MUST be properly originated now.

If I implied that I wanted to enforce terms of a non compliant contract then I am sorry it came out like that.

I didn't mean to imply you act that way, on your own tuffness is standing your ground, making the rules and insisting they comply, it's the psychology behind it with a bully, not getting into a fight or a yelling match......

Ann, my last post wasn't worded very well, the going over heads part, didn't mean to imply a lack of understanding (but I certainly have re-read it that way...sorry) but meaning going above what was needed, making it more complex.