Agents on teams will get leads, learn the business and leverage the team for their higher income and future business success. 

. - Set aside a % of each host payout you get for future repairs replacing furnishings, expect it to happen, and then you will be prepared when it does. 

When a tenant moves out, transfer the deposit back to Checking so it's ready to apply towards expenses or to refund to the Tenant.If you end up with excess funds in the Checking account, I recommend you transfer it to a third account that is specifically designated for future investments.

It affects ownership.Never trust a SubTo seller (subject to an existing mortgage) to "cover" for you in the future.

You've got good feedback on immediate path forward so I'll share advice on future mitigation.

To maximize leverage, consider structuring your LLC properly to build business credit and attract private lenders or partnerships for future deals.Good luck!

Texas is one of the states where we're a little more lenient in,  so I can typically go up to 75% (sometimes even 80%) of the ARV in most scenarios for the total purchase + rehab loan. happy to chat if still looking for options for this deal or future deals! 

If you ever want to explore other funding options for future flips, let me know! 

No one can predict the future but generally speaking you are probably fine over the long run.Did your Realtor not mention the proximity to the freeway?

Emphasize how this arrangement could work to their benefit, offering steady income, avoiding a traditional sale process, and giving them the freedom to move forward with their plans such as buying that sailboat and sailing around the world.If they ultimately decide they’re not interested in selling, you’re still in a great position to continue your search and buy your own property in the near future.