This issue was discuss with all the tenants at legnth and they were happy to make this sacrifice for a week to have the benefit of a brand new entryway/bathroom and on floor laundry.

The repairs made by the buyer add to the value of the collateral, which benefits the holder of the LC.But the LC investor is stuck with paper that they'd have to take a huge hit on to unload, if they could find any buyer at all, since the loan amount is small and there is little or no true buyer equity, certainly no equity under a "quick sale" valuation (30-day sale) that most investors would want to apply.So it can be a great investment with very high ROI if viewed simply as a long term hold.

You may also want to do some market research to see if it will benefit you to do the project.

However after doing some research I am wondering if the Buyer paying for a home inspection per the agreement (which provides benefits to both parties) MAY QUALIFY as consideration since there is a (non monetary) value exchange to the Seller by way of providing a third party inspection to be used in the disclosure and sale of the property.I'm curious if anyone has encountered this type of issue before?

However; the back and forth is why it's better for people that have no experience benefiting from using an agent.

Any negotiation is an attempt to justify a price or benefit in your favor.

There have definitely been headaches/low points but they are overshadowed by the many benefits.

Keep in mind that there are a ton of of threads here to search through with pages of discussion on entity structure.One thing that has been discussed in those threads is the possibility that by transferring your property with a residential loan in your personal name into the LLC you have "pierced the corporate veil" negating any benefit of the LLC.

I am a friendly landlord in their eyes.Here is an added benefit for me that you, Jon, remined me of; collecting multiple payments during the month allows me to be alerted of a problem sooner.

The goal is profit without stress and anger.If you want the person out sooner than 60 days, offer a cash benefit ... such as the return of the deposit.