He is one of the bigger players in your area, 

I’m concerned that holding this note may prevent me from closing on future deals due to DTI ratio.

Maybe you need to upgrade the properties to prevent some of the headaches?

But again, make sure none of them will prevent financing.

Example: the intention of Passive Activity Limitation (PAL) rules is to prevent high-income earners from reducing their taxes by merely investing money into real estate.

BP prevents me from putting their email in my response, but the email is in your confirmation email for the conference.

Here's what ME lease agreement stipulates for pests:(F) Pest control, after the first ten (10) days of the Term of this Lease, shall be the sole responsibility of the Tenant, including, without limitation, prevention and remediation.

It's worth a little money to prevent damage if they're being uncooperative.

You could assume the mortgage and then refinance, but does the home have enough equity to prevent you from making a downpayment?

Make sure you have your paperwork in place though to prevent ill-feelings or misunderstandings.