One thing to watch out for is the financing aspect of it - could be a hurdle getting a loan if the transaction is "non-arms length" - i.e. between "Friends" - might be worth looking at seller financing too

My thought is is use the Rent Ready feature of reporting his payment history to the credit bureau so it can work in his favor as a trade line, but I'm wondering if this is an unnecessary added step since he can already pull transactions on his bank side. 

Though fee schedules vary by company, generally speaking, you'll pay more up front for checkbook control and less over time, since the full custodial companies will have transaction fees not to mention the red tape of going through the custodian for all transactions. 

I would suggest finding a lender that treats your transaction with the same care and attention with which they would treat their own.

Thanks Canopy Title is great with assignments and wholesale transactions!

@Sean MacDonaldI think you summed it up in your observation of your clients, it's very typical here in the valley that the number of transactions will decline right before an election and then those buyers just like your clients will get back in and the number of transactions will pick back up in the months following the election.

Depending on how you reach out, using another operator's list can feel transactional to the contact.

This includes both qualified 1231 gains as capital gains as long as the transaction is not with a related person.

Just relax when someone points out facts, you transacted at an excellent time, there's nothing wrong or bad about that.

The occupants agreed but unfortunately on the date the transaction was supposed to happen, the occupants went ghost on me.