Originally posted by Account Closed You should have come to the last East Bay Sunday meetup, it was all about OOS, but the presenter shared that cool litmus test above (where you invest passes with flying colors btw) that kind of guts the standard "turnkey provider" model.Another market not far off, Stockton, same test as above - steady income (rent increases will likely at least track with inflation, if you zoom out to the 10 yr horizon), gradually increasing population (a driver of asset/home appreciation, 10 yr horizon), 2-4 unit properties still affordable.Do it for Oakland and obviously you will see incomes through the roof, population gradually increasing, but sticking point will be the prices present a barrier to entry that not everyone will be able to handle. 

I’m doing the light weight work and restoration details, structural issues and the roof are being handled through a contractor out of the construction loan.  

On top of that though the main reason is I handle so many listings I have no need to work that type of business.

I certainly don't want to burn any bridges, but the seller isn't using an agent and I feel like I can get a better price and such by handling this without an agent. 

Another good reason for you to just go ahead and make sure this is handled by a professional.

Expensify is hands down the best receipt handling application i have ever seen. 

We also addressed the painter living there (he handled it) and set expectations that he would replace any damaged carpet at no charge. 

Check with attorney who is handling the closing of the file.- Make sure you are listed as Loss Payee on the home insurance, and that you want a 12 month policy in place at time of closing, even if your loan term is longer than that.- Make sure you get all LLC documents (Articles of Org and Operating Agmt), and that the signatory on all loan docs (Note, DOT, Disclosures) matches the authorized signatory of the LLC perfectly.Good luck!

Thank you, I was a little lost on how to handle this.

How would you handle negotiations with this kind of deal?