If I were you I would integrate a scope of work and schedule to ensure work is progressing and to allocate payments accordingly as work is performed.

My initial underwriting showed expected cash flow after allocating for all expenses was starting just below $2K.We have had one tenant turnover (not the way below market rent unit, but one of the quite a bit below market rent units).Current rent: $7515 with one unit way below market rent and one significantly below market rent and 2 units near market rent.I also took unfinished existing space and converted it into >400' storage area (added insulation and climate control) that we have used to store items related to our STRs and other items we seldom need/use (like Christmas decorations and Halloween decorations).With a single tenant turnover in 2.25 years and current cash flow after all expense allocations being over $3k/month, this purchase has worked out well for us.

Wholesaling is what I'm specifically allocating most of time studying, but ultimately I plan to achieve true long term wealth through rental properties.

I understand why the tenant is asking for this, but realistically, there should be no issue with the tenant signing one lease and then allocating half of that cost as a business expense for tax purposes.

I allocate 5 to 6 percent of the rent for each of those items and 10 to 12 for the management fee.

I can try to figure out a different method of lining up out-of-state purchases within the allocated 180 days.

The first 20% is allocated toward sulking because of the perceived failure.. lmfao.. after which I expel 80% of my energy into trying to "figure it out" and looking for the silver lining.

Seller's Credits - Where is this being allocated?

Certain % of account (2) will be allocated to here monthly. 

You allocate it appropriately across all of your properties.