I avoid post-closing possession in my deals, and usually advise my clients against it unless the situation is special. 

Some firms (like mine) do have family office services that would incorporate everything you're asking for, but it may be overkill depending on your goals, net worth, and current situation.

Okay, then there's a lot you'll want to think about depending on your other income and your financial situation. 

It seems like the others are telling you to take the practical approach to the situation and you are going to be better off exerting the energy and money in new opportunities.

Same situation here.

I do understand their reservations, but there has just got to be a way.Anyone have any input on this situation?

I am just worried if it would be difficult to sell it in the future if needed with the split level situation.

This keeps a written record of our communications, keeps records straight about what was said when and to whom, avoids any "pressure" situations and prevents misunderstandings about what you agreed to or said to them.I would simply notify the tenants of your lease policy in response to their request.

*If anyone was willing to quote me a ballpark for the below situation, I'd greatly appreciate it.After Repair Value: $165,000 Purchase Price - $90,000 Renovation Budget - $35,000 Loan: $125,000 (75% LTARV)Zip: 17103*If anyone feels compelled to ask, "if you don't trust him, why lend him money?" 

They don’t move in parallel… they are more “realiable” these days.I could guess in your situation is you fall into investment trap where your limited choice of investment may make you decide for sub optimal investment.but one tip if you decide to go into 40% down dscr 1 ; make sure your neighborhood appreciates higher than national average that way if market drops you know there is organic demand in your place.